Asking Price: $64,995
Inventory: $0*
Sales Revenue: $299,219
Cash Flow: $67,440
*no inventory in store
Business Description
Local, neighborhood liquor store located in a highly desirable area of south Denver. This store is surrounded by many residential homes and is located in a busy strip center. The storefront offers great visibility from the street, sure to bring in many customers who are just passing by. Low rent at about $2,500/month including NNN expense.
This store does need a little bit of a transformation. A new set of eyes bring new opportunities. Margins are rather high; roughly at 37%. Margins should be closer to 25% to be more competitive with surrounding stores. Changing the business model at this store from a ‘margin’ store, to a more ‘volume’ type store would help tremendously.
The business is currently ran owner operated. The owner is highly motivated to sell and is open to offers. This would be a great starter store for someone who is new to the liquor industry. Do not miss out on this opportunity!
Detailed Information
Location: Englewood, Colorado
Real Estate: Leased
Building SF: 2,000
Employees: 2
Financing: Cash
Support & Training: As needed for a smooth transition
Reason for Selling: Other business opportunities
For more information, please click on ‘Sign NDA & Get Buyers Prospectus’ above. Once the NDA is signed and completed, you will receive confidential information related towards this business.
MJ Nuanes | Managing Broker, Principal
MJ brings a vast amount of knowledge into the small business sector of business brokerage. MJ grew up and was baptized in small business. He was a key asset while operating his family’s retail liquor stores, bars, and restaurants. MJ is a sixth generation Coloradan and a fourth generation small business owner.
