Liquor Store - JMD-38 The liquor store is located one block off of an interstate highway exit in Louisville's East End. The store has been in the same location over 20 years. It is currently being run absentee and the seller believes an owner-operator would best maximize sales and profits. The manager's salary is approaching $50,000. The seller estimates sales will be approximately $700,000 for 2010 and an owner-operator should net approximately $68,000. Detailed financial information will be provided to qualified buyers.
The seller has agreed to transfer real estate at time of closing in separate transaction. He has estimated value at about $250,000.
Please call Venture Resource Business Brokers at 502-458-2661 for details. Please refer to Listing JMD-38.
Industry: Retail Industry Segment: Liquor Stores Geography: Louisville, Kentucky Asking Price: $510,000 Gross Revenue: $700,000 Gross Revenue Comments: Projected 2010 Cash Flow: $68,000 estimate FF&E: $35,000 Real Estate: Seller will transfer at time of sale of store in separate transaction. Year Established: 20+ years Number of Employees: 3 Reasons for Selling: Seller is buying muli-million dollar store. Facilities: Approximately 2100 SF free standing building. Lots needs sealcoat. Training & Support: Seller will provide 5 days training at no additional cost.