$1 500 000 Well-Known Liquor Store For Sale In Jefferson County AL-27978 - $1 (Birmingham)

Posted on: 12/04/17

Description

$1

Well-Known Liquor Store Business Description: LIQUOR STORE BUYERS YOU HAVE BEEN PUT ON NOTICE LIQUOR EMPORIUM NOW FOR SALE!!! This liquor store sets the bar as far as selection and multiple income streams. Not only is it one of the Alabamas largest selections of premium liquors and beer, but also has a Hookah Bar, private only bar for its elite patrons, in the back where the socializing continues until the wee hours of the morning. It is one of the largest Liquor Stores most customers have with its vast rows of liquor, beer, and cigar selections that one has never seen before in a 4500 square foot store. This liquor store is extremely busy from the time it opens until the time it closes. It is located in one of the best locations of the Big City with a major state university and medical center down the street and just off one of the well traveled State Routes with a lease payment of $5900 per month. Seller is retiring but has a store manager that will stay on for years to come and can show how to increase sales even more than the current successful levels. This business offers every liquor you can think of, every beer you can think of, cigars of a wide variety of selection, beer on the draft, and an environment that welcomes you to stay and enjoy this store as if it is a once in a lifetime experience. The employees are pleasant and helpful. As a broker, I have never seen a business like this before. Sales exceed $1.7M per year and the owner pockets several hundreds of thousands per year. It is currently carrying a 3x multiple due to its reputation, location, and selection; not to mention that this is where the dignitaries come to purchase their sought out liquor for their special events and celebrations. Asking Price: $1,500,000.00 Gross Revenue: $2,500,000.00 Owner's Cash Flow: $750,000.00 Down Payment: $1,500,000.00 For more information, contact Vested Business Brokers at 1(877) 7355224. We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you. Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

Ad Number: 20995480