Liquor Store

Description

Liquor store for sale in Mooringsport, Louisiana.

The business operates from approximately 2,000 sq. ft. and reported $208,000 in revenue during its first full year of operation.

Sale details

• Asking price: $60,000
• First full-year revenue: approximately $208,000
• Furniture, fixtures and equipment: seller-estimated value of approximately $75,000
• Inventory sold separately at closing

The seller states that inventory on hand at closing will be offered to the buyer at a 25% discount. Buyers should confirm how the inventory count and discount will be calculated.

The real estate is owned by the seller and is not stated as included in the $60,000 asking price. The listing values the property at approximately $500,000 and indicates that the buyer will lease the premises.

The store currently serves a local customer base and can be operated with relatively limited staffing.

The seller notes that the space may potentially be reconfigured to add a bar and video gaming. Any such change would depend on zoning, landlord approval and applicable Louisiana liquor, gaming, food-service and building permits.

Other options for increasing sales could include adjusting the product mix, extending hours and adding more local marketing.

Vendor relationships and current operating systems are included with the business, subject to any supplier transfer requirements.

Buyers should verify historical financials, actual cash flow, inventory value, lease terms, equipment ownership, supplier accounts, staffing, utilities and the exact furniture, fixtures and equipment included in the transaction.

Louisiana liquor and video gaming approvals should not be assumed to transfer automatically with the sale. Any proposed bar or gaming operation should be independently reviewed with the relevant state and local authorities before closing.