Sold by Jim Evavold – Liquor Store – Outer NE Metro- $900k in Gross Sales! - SOLD
Asking Price:
The owner is asking $105,000 for the Business which includes approximately $50,000 in equipment. It does not include the inventory that is estimated at $100,000.
Gross Revenues for 2019 have increased by 6% and will approach the $900k range at year end.
Cash Flow:
Cashflow to an owner operator is approximately $60,000/yr.
Facility:
The seller leases approximately 3000 square ft with reasonable rent and there is ample parking
Employees:
There are 2 part-time employees besides the owner who works approximately 50 hours per week.
Listing ID#:
8225 je
Sold by Jim Evavold – Liquor Store – Outer NE Metro- $900k in Gross Sales!
Established 11 years ago, this busy and well-designed off-sale Liquor Store is located in the outer NE area of the Twin Cities Metro and is one of several businesses within a popular strip mall. Several hotels exist nearby along with many popular eating establishments. The liquor store continues to grow with revenue sales expected to increase 6% ($50,000) in 2019 alone.
