MergerPlace

Well-established Liquor Store

Kansas City, Kansas


  • Asking Price: $59,700
  • Gross Income: $687,086
  • Cash Flow: $25,971
  • Real Estate: Not Disclosed
  • Inventory: $165,000
  • FF&E: $65,000
  • Listing ID: #209388
  • Established: 1941
  • Employees: 8

Business Description

This liquor store was established in 1941 and has a steady flow of repeat customers. The current owner purchased the store in 2015 and has remodeled and restocked. This turnkey operation has great growth potential for a new owner. The owner stocks a large variety of liquor, beer and wine. The store also offers lottery tickets. The owner is ready to retire so this operation could be a great fit for you.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Kansas
Metropolitan Area: Kansas City

Company Information

Year Established: 1941
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $59,700
Gross Revenue: $687,086
Cash Flow: $25,971
FF&E: $65,000
Inventory: $165,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Years ago, this store supplied area bars and restaurants, but currently doesn’t have the staff to gain that additional $50,000 in revenue. The Store supplies many weddings which could be expanded. It currently offers liquors & lotto but next year should be able to offer full convenience general store items and tobacco products in April 2019.

Competition:

There’s only one other store in the area that has some restrictions on what it can offer.

Reason for selling:

Retirement.

Support & Training:

Negotiable.

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Business Listed By:

Roy Huffman

First National Business Corporation