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Palm Beach County

  • Listing No.: 109-10393

  • Category: Retail

Asking Price $340,000
Down Payment $340,000
Gross Revenue $712,340
Total Adjusted Net Income $108,963
Equipment/Fixtures $25,000
Year Established 2008
General Location Palm Beach County
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Ten years established liquor store for sale in very busy plaza along major road with excellent signage in high-end part of Palm Beach County. Steadily rising sales and profits; this is a stable and proven money-maker for any hard-working entrepreneur. Store offers wide selection of alcohol (including cold beverages in a 7-bay cooler), tobacco, and lottery. Owner works behind the counter about 40 hours per week, and one employee works the store for the remaining hours. Operating hours are 10am-9pm mon-thu, 10am-10pm fri-sat, and 11am-pm sun. New owner can stay open later and increase profits. Store does no advertising so also plenty of room to grow sales. Annual sales of $712,340 and annual profits of $108,963 comes straight off of tax returns. Asking price of $340K does not include inventory which varies (approximately worth $200K at cost).  Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.

Gross Revenue $712,340 Listed Price $340,000
Total Income $108,963 Down Payment $340,000
Base Rent $0 Square Feet 2000
Total Rent $5,500 Lease Expiration 3/2023
Rent Deposit $0 Lease Options
Inventory Not Included Leasehold Improvements $25,000
Equipment/ Fixtures $25,000 Other Assets
Full-Time Employees 1 Training Period two weeks
Part-Time Employees 0 Special License Required 3ps beverage license
Contract Staff 0 Reason for Selling other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.