Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Liquor Store In Northern Alberta - Absentee Owner
LISTING DETAILS
Firms For Sale ID:
32570
Vendor reference:
8022-13-06
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Business opportunity:
Asking price:
$450,000
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$852,890
Net profit / cashflow:
$162,733
Years established:
2010
Number of employees:
3
OTHER DETAILS
Reason for selling:
The owner would like to retire.
Support and training:
The owner will provide sufficient training to allow for a smooth transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
VR Business Sales Presents: Sales of over $800k this amazing 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 in California. The current owner also pays a Manager in Calgary to do the bookkeeping that can be easily replaced by the new Owner which will further increase the cash flow in this business. The owner owns the property and will be providing a long term lease to a buyer. All books and 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 and good cash flow.