Chain of 31 Liquor Stores

Chain of 31 Liquor Stores

Can Be Absentee Owned
 

Indianapolis
Listing Number:
 IEB-101-06

Financial Information

Asking Price: $16,500,000
Real Estate: Included in the purchase price
Gross Revenues: $30,487,800
Cash Flow: $3,127,600

Business Description

The business started with a single store and has grown to 31 locations in operation with 2 additional package liquor licenses in escrow.  The real estate is owned personally for all 31 locations. 

Over the years the seller has worked to optimize the business by moving locations and adding and eliminating licenses.  The stores are located in very high traffic areas.  Many of the of the locations have no competition.  The business does not have any social media or web presence.  There are no special skills required to operate the business.  An owner with marketing skills could grow the business.  The seller wants to retire and will not offer seller financing.  Also, please note that any buyer must be an Indiana resident.


General Information

Facilities: The real estate is included in the asking price. The seller owns all 31 locations. 

Employees: 150

Support & Training: The seller will provide complete training and transition support. 

Reason Selling: Retirement

Contact Information


Contact:
 Troy Frank
Phone: 317-333-6655 x 101

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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