Famous Liquor Store - MS TOP 5
Location: Mississippi > Greene County
Industry: Food and Beverage > Liquor Stores
Financials
Asking Price: $3,250,000
Gross Revenue: $3,240,000
Gross Revenue Comments: Product Sales
Cash Flow: $425,000
Cash Flow Comments: Owner to prove - Conservative
Inventory: $500,000 (Included in Asking Price)
FF&E: $300,000 (Included in Asking Price)
Real Estate: $650,000 (Not Included in Asking Price)
Seller Financing: Will sell or lease property
Business Summary
This Wine and Liquor store has been an icon in the Mississippi package store industry since 1967 and continues to grow and rank in the state as a top 5 sales leader. Owners of this 7200 sq. ft. winning store keep lots of inventory and even supply many other stores. Casino industry growth has also benefited this store since it fills many repeat orders to local casinos. It enjoys a great reputation and has clients in all categories from high-end fine wines to mixers and pints, this store has it all.
About the Business
Year Established: 1967
Employees: 5 full time -
Facilities: 7200 square feet of great usable space, located on major highway. Plenty of room for another business to co-locate and generate addition revenue to new owner in rental income.
Market Outlook and Competition: This store slams the competition with aggressive inventory management and a reputation as one of the state's best operators for many years. Local Casino industry even adds more growth.
About the Sale
Management Training and Support: Yes - One owner will stay on if needed. Both will be very accomodating to new owner.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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