Liquor / Tobacco / Slots

Location: United States -> Nevada -> Las Vegas
Industry: Food and Beverage > Liquor Stores

The price has been reduced from $295,000 to $150,000.
Information as provided by seller who is an absentee owner. Priced low at only $295,000 for a fast sale. All written offers will be considered. This is a well known, high volume liquor, and tobacco sales entity which is in their 19th year of business at the same location. For this type of business they have a rare 15 slot gaming license which is grandfathered in. There is 6 slots on site which are owned, and included in the sale price, can add 9 more. Inventory is not included in the sale price, but can be purchased separately. There is * $135,000 in value of furniture, fixtures, equipment, & tenant improvements. Owner has multiple similar business locations, he stops at this site for administrative purposes only. Financial records will be made available only to serious financially qualified buyers. Contact for more information on this Liquor / Tobacco / Slots business for sale.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: $1,500,000
Cash Flow: $172,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed

About The Business

Year Established: 1989
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Management Training and Support: 2 weeks.
Reason For Selling: Owns multiple locations.