Topeka
State: Kansas
Ad ID: KS2944-AC
Financials
Gross Revenue: $1,265,823
Cash Flow: $49,130
Asking Price: $89,900
   
FF&E: $25,000
Included: Yes
Inventory: $210,000
Included: No
Summary Description

This is the opportunity to purchase a liquor store that has been in business for over 15 years. The owner is relocating, and while he operates the store hands-off, he would strongly prefer to sell before he moves to an owner operator or someone familiar with the industry. Given the minimal amount of time, cash offers, speed to close, and familiarity with Kansas liquor licensing will be prioritized.

The store is situated in a strip mall along one of the busiest streets in Topeka. Sales mix of 44% Beer, 39% Liquor / Spirits, and 9 % wine. Average margins ~19%.

Consistent and loyal customer base with plenty of room for growth with a hands-on Owner Operator, wholesale business expansion, and more consistent marketing efforts. The facility includes 3,840 square feet at a base rent of $4,960 per month. Triple Nets are paid in addition to the base rent and are adjusted annually based on actuals. In 2023, the total monthly rent was $8,282.82 after base plus triple nets.

General Information
Year Established: 15+
Franchise: No
Home based: No
Relocatable: No
Employees
Full Time: 1
Part Time: 8
Reason for Selling
Other business interests
Contact information
Andy Cavanaugh
913-433-2310
Contact us about this listing:

  • This field is for validation purposes and should be left unchanged.