Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. High Volume Wine And Liquor Store

LISTING DETAILS
Firms For Sale ID:
33831
Vendor reference:
FG-0763
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$525,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$2,147,779
Net profit / cashflow:
Undisclosed
Years established:
2002
Trading hours:
Monday-Friday 10:00 am to 10:00 pm Saturday-Sunday 9:00 am to 11:00 pm
Number of employees:
4

OTHER DETAILS
Reason for selling:
Other interests.
Financing available:
Possible to assume the SBA loan of approximately 475K.
Support and training:
Negotiable as required by Purchaser.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This established business is located on the south side of Colorado Springs along the busy Academy Blvd. It has been owned by the same family since 2002, Then sold to a new owner, who has owned it for the past 3 years. The store offers a wide variety of beer, wine & liquor to many new and repeat customers. The store has a good track record of high volume.

The asking price is very low compared to the volume of sales that they do at this store. The store is currently under-performing, therefore resulting in a lower price. This store offers great exposure on Academy Blvd. and has been in the same location for many years. According to the City of Fountain, Fort Carson is planning on 6,900 additional troops expected to call this area home in the next few years. A new owner should negotiate a new lease with the landlord to reduce the size from 10,000 s.f. to 6,600 s.f. a size which is sufficient to maintain sales at over $2,000,000 per year. Seller motivated!