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Liquor And Check Cashing Store
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $543510
Net Profit / Cash Flow $80432
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1985
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owner is willing to train for a smooth transition.
Reason for Sale Retirement.
Description 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 $500K 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: $140,000
Furniture, Fixtures & Equipment: $50,000 (Included in listed price)
Inventory: $80,000 (Not Included in listed price)
Financing: 100% Cash at Closing
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.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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