Liquor Store - Upgraded - Well Stocked

 
mens business casual store in Rogers, arkansas

Boone County, Arkansas

Asking Price:$299,000

Sales: $650,000

FFE:$100,000

Inventory:$190,000 (included)

Lease Rate:Below Market

Established:2014

Business Description

Building recently upgraded to present clients with a great feel from the moment they walk in. You will find the store is well equipped and well stocked with highly experienced staff.

The business has been run absentee for over a year and would benefit from having an owner operator in place.

Margins have been low to build sales and ready for price increase of 10-15% which would all transfer to the bottom line.

Margins have been low to build sales and ready for price increase of 10-15% which would all transfer to the bottom line.

Excellent record keeping and financials.

Real Estate available for purchase or long term lease with purchase option.

Details available upon receipt of signed NDA.

NOTE: AEGIS Business Brokers, LLC is operating as a business intermediary on this transaction which may be considered a dual agency.

AEGIS has a duty to the transaction and will be representing the transaction to both the seller and the buyer equally and fairly for this listing.


Detailed Information


Inventory:
Included in asking price
Real Estate:
Leased - Available for Purchase
 
Lease Expiration:
Negotiable
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Upscale Retail Space
Competition:
None in Immediate Area
Growth & Expansion:

Note: Seller says he priced goods below industry margins to build up client base and now ready for 10-15% across board price increase making the potential owner operator's income over $125K.

Inventory high due to need to get best pricing to maintain low introductory pricing.

 
 
Support & Training:
2 weeks - Key staff likely open to staying on.
Reason for Selling:
Moved out of area

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