Price: $1,100,000
Location: Colorado
Industry: Liquor Stores
Listing ID: 004
This large and profitable retail liquor outlet is located in the Four Corners area of the Mountain West. Close to several geological tourist destinations, this massive liquor store caters to reservation residents and throngs of tourists during the Summer months. With a legacy dating back to the 1970s, this profitable store is one of the largest of its kind amidst the local competition and offers discount pricing due to immense volume purchasing.
*Inventory is NOT included in the sales price. Inventory averages $375,000.
Down Payment: N/A
Total Sales: $3,600,000
Cash Flow: $369,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: $375,000
Inventory Included: No
Year Established: 1970
Non-Owner Payroll: N/A
Employees: 11
Absentee Owner: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Square Footage: 11000
Facilities Information: All current assets are included in the sale including a 20-door walk-in retail display cooler, various desktop computers and bar code scanners, 4 single-door refrigerated wine display coolers, A 25 camera security system, 1 ice production machine, various retail shelving and industrial storage rack system, 1 electric palette jack, all desks, furniture, signage and retail display items.
Reason For Sale: Retirement
Training & Support: 2 weeks at no additional cost
Competition: The store holds a unique geographic position with proximity to several Native American reservations where alcohol sales are PROHIBITED. This gives the liquor outlet a relatively captive audience. This is one of the largest liquor outlet in the Four Corners area.
Potential Growth: The store has recently implemented an online ordering program. Online sales are an immediate opportunity for growth.