Liquor And Check Cashing Store
Location: United States -> Texas -> Dallas
Industry: Food and Beverage > Liquor Stores
Businesses for sale Summary
Located right on the busy street makes this business highly visible. Drive through service is available thus customers stop by constantly for a quick and easy shop. This business has been operating here for over 23 years and has accumulated a lot of regular customers. This business has established a check cashing business with their regular customers also, and the check cashing does a $1,000,000 volume a month generating a minimum 1% commission profit out of the volume. This business does $45-50K monthly inside sales alone and it has been consistent over the years.
Asking: $275,000
Furniture, Fixtures & Equipment: $50,000 (Included in listed price)
Inventory: $140,000 (Not Included in listed price)
Financing: SBA Loan available with 30% down.
Facilities: All fixtures, furniture, and equipments are all in a good condition, and the building has been maintained very clean. The visibility from the road is excellent and plus it has an easy entrance to the store.
Competition: There are few competitions around the area but this being the successful one doing consistent sales throughout many years.
Growth And Expansion: With the consistent sales, the business has more room to grow because this particular location is right next to the area that has grown rapidly since last few years and happened to be a dry zone, therefore it will bring more businesses to this particular store.
Email or call 972-247-3202 or 866-519-2421 for more information on this Liquor And Check Cashing Store for sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $569,113
Cash Flow: $131,261
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 1985
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Owner willing to train for a smooth transition.
Reason For Selling: Retirement.
