Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Landmark Liquor Store And Cheese Shop Since 1939

LISTING DETAILS
Firms For Sale ID:
28102
Vendor reference:
11-2736SLA
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$1,300,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$2,600,000
Net profit / cashflow:
$225,000
Years established:
1939
Trading hours:
Hours of Operation: Monday - Saturday 9 AM - 9 PM Sunday 12 - 6 PM Summer close by 8 PM
Number of employees:
7
Business website:

OTHER DETAILS
Reason for selling:
Out of state seller desires to sell.
Financing available:
Seller Financing $550,000 6.000% 84 payments of P/I $8,035 a month
Support and training:
Seller will offer a 30 day transition period after the sale.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease remaining:
7
Lease terms:
Lease: Monthly Am't: $6,140 Lease Expires: 2/16/2013 Square Ft / Dim. 7000 Terms & Options: 5 year option to extend Building Type Free Standing
Rent:
$7 per annum
 
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BUSINESS DESCRIPTION
This 72 year old landmark liquor store and gourmet market was established in 1939. Present owners purchased this business in 2008. Known as one of the Premier stores on the West coast of Florida it has maintained profitable during this trying economic time. Store carries a broad inventory of beer, cigars, wine and liquor including hard to find varieties. A specialty cheese and gourmet shop offers selections from around the world for purchase or for gift baskets. Wine tastings are held regularly in season with a strong customer following from both the local and tourist clientele. Invitations are mailed to an extensive customer data base and the events are also open to the public. They have been voted best wine tastings in the area and are often noted on Things to Do websites for the area. Vendor participation is tremendous and very well supported. A $15.00 cash entrance fee is charged to customers. Customers are given a 10% discount on all bottles purchased plus a 15% discount on all cases purchased, mix & match. Semi-absentee owners oversee purchasing and accounting functions and employ a long term staff. Leasehold improvements and furnishing upgrades including A/C's,
carpeting, new coolers, parking lot paving, etc., have occurred from 2004 Present. Seller will offer a 30 day transition period after the sale. Seller states $225,000. spendable income. Excellent business for possible E-2 Visa or immigration.

Expansion Potential
4COP License allows for cocktail lounge
Consumption on premises

Market / Competition / Non-Competition Agreements
Only full liquor on the island of Venice, Florida