Profile No. FG-0643, High Volume Wine and Liquor Store
| Profile No. FG-0643 |
High Volume Liquor Store |
| Sic Code: 592102 |
Industry: Liquor Sales |
| Gross Sales: $1,859,642 |
Sellers Discretionary Earnings: $236,874 |
| Value of Assets Included: $100,000 |
Inventory Included: |
| Asking Price: $700,000 |
Description: This established business is located on Academy Boulevard in beautiful Colorado Springs, Colorado. With a population of approximately 600,000, people this store is nestled at the base of the world famous Pikes Peak which inspired “America the Beautiful”. The store has been owned by the same family since 2002 and offers a wide variety of beer, wine & liquor. They have a loyal client base of repeat customers and many new ones visit the store on a daily basis. The business has an excellent track record of high volume gross sales annually.
The store was closed for a few months in early 2009 due to a violation therefore sales were down. The business has been re-built and doing very well. 2010 projections are estimated by the current owners at over 2,000,000.
This store offers great exposure on Academy Blvd. and has been in the same location for many years. According to the City of Fountain, Fort Carson is planning on 6,900 additional troops expected to relocate to Colorado Springs from 2009 to 2011.
$100,000 FF&E (included in asking price)
Approx. $300,000 in inventory (not included in asking price)
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