MergerPlace

Well Established Liquor Store

Metairie, Louisiana


  • Asking Price: $399,000
  • Gross Income: $300,000
  • Cash Flow: $45,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #199638
  • Established: 2011
  • Employees: 4 (3FT/1PT)

Business Description

This company is a liquor store located in Metairie, Louisiana. In addition to selling beer and liquor, the store also sells snack-type grocery items & tobacco. This is an established business in the neighborhood, and is well-known and patronized by repeat customers. Beyond its products, the store respects its customers, delivers fast and personal service, and provides value for the customer!


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Louisiana
Metropolitan Area: Metairie

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 (3FT/1PT)

Financial Information

Asking Price: $399,000
Gross Revenue: $300,000
Cash Flow: $45,000
EBITDA: $45,000
Seller Financing Available: No

Property Information

Facilities:

Lease expires on 04/01/2017. Lease rate: $0.71/sqft monthly 1000 square feet

Competition:

Products are priced very competitively and predominately based on percent margins. The average profit margin is 40 percent. The store is considered the “neighborhood store,” and the owners have built an excellent rapport and a very positive reputation in the community. The store is always clean, provides fast service, and there are never loiterers or solicitors who may deter customers. The business is not seasonal, with peak selling months between November and February.

Reason for selling:

The owner plans to retire.

Contact Business Seller

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Business Listed By:

Michelle Seiler Tucker

Capital Business Solutions