Topeka
State: Kansas
Ad ID: KS2944-AC
Financials
Gross Revenue: $1,500,000
Cash Flow: $77,000
Asking Price: $125,000
   
FF&E: $25,000
Included: Yes
Inventory: $275,000
Included: No
Summary Description

This is the opportunity to purchase an absentee-owned liquor store that has been in business for over 15 years. 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 an 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 2021, the total monthly rent was $8282.82 after base plus triple nets.  Owner financing is available to well-qualified buyers.

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
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