Liquor Store w/Real Estate
Douglasville – Douglas Co.
$1,990,000 SOLD
| Asking Price | $1,990,000 | Cash Flow: | $558,129 |
|---|---|---|---|
| Gross Revenue: | $2,255,598 | Inventory: | $700,000 |
| EBITDA: | $400,438 | Lease Rate: | $1,100,000 |
| FF&E: | $68,000 | Established: | 1990 |
Business Description
Excellent Business with Great Profit Margins!
This liquor store has been established for over 20 years. The only reason the seller is selling because he must move to Tennessee. Consistently does over $2,250,000 in annual sales with a great NOI. The building consists of 3,651 SF with 1.24 acres of land. Sits on a very busy road with great visibility. No competition for over a mile and no other stores are allowed a license. This is a rare opportunity to own a liquor store with real estate and it is priced to sell! NOI is $400,438 per year before debt service. If you pay cash, you will make $400,438 per year!
Office hours: Monday-Friday 8:30 am to 5:30 pm
Detailed Information
Inventory
Not included in asking price
Real Estate
Owned
Building SF
3,651
Employees
2
Furniture, Fixtures, & Equipment (FF&E)
Included in asking price
Facilities
Great visibility, older building but great for a liquor store.
Competition
No competition within a mile. A densely populated area with regular clients.
Growth & Expansion
Growth could happen with advertising. The current owner does little to no advertising.
Support & Training
2 weeks.
Reason for Selling
Moving
