Liquor Store For Sale - Absentee Owner
Location Alberta,Canada
Asking Price Range $250K - $500K
Gross Revenues $852890
Net Profit / Cash Flow $162733
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Inventory 45000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training The owner will provide sufficient training to allow for a smooth transition.
Reason for Sale The owner would like to retire.
Description VR Business Sales Presents: Sales of over $800k this profitable liquor store in Northern Alberta has amazing cash flow and gross profit margins. This Liquor Store does excellent business in a small, Northern Alberta community. The business is completely operated by local employees as the Owner lives iout of the country. The current owner also hires a Manager in Calgary to do the banking, accounting, and other clerical duties at approximately 15-20 hrs/week that can be easily replaced by the new Owner. The current owner owns the property and will be providing a lease to a buyer. All financial records are available to verify the financial performance of the business. However this Northern Alberta community does not have a Bank and getting financing for this business can be a challenge. This is a turn key opportunity to anyone wanting to receive a stable and predictable return on their investment as an absentee owner who manages the business on a part time basis from afar. The asking price includes $35,000 of inventory
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