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Beverage Store Has Room to Grow |
Financial Information
| Asking Price: |
$49,000 |
| Gross: |
$163,195 |
| Cash Flow: |
$57,000 |
| Inventory: |
$20,000 |
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Business Information
| Location: |
Bedford Hts, OH |
| Year Established: |
1993 |
| Employees: |
1 |
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Listing Details
| Business Type: |
Established |
| Home Based: |
No |
| Category: |
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| Misc. Retail > Retail |
| Listing Date: 07/09/2008 - 7:17:45 am |
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| Contact Broker/Seller |
Contact the person selling this business by clicking the "Reply To Ad" button.
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| Broker/Seller Info |
Contact Name:
Guido Cariati
Business Name:
A.B.B.I.
Phone Number:
866-460-0459
Website:
Visit Website >>
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| Listing Disclaimer |
| The information contained within this business listing is provided by the broker/seller who published it. BizHwy cannot guarantee its accuracy or completeness, and assumes no responsibility for its content. |
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Business Summary
This beverage store has functioned as a one-man operation for the last 14 years. Although it has been profitable, a new owner could increase revenues significantly. Store hours are somewhat limited and often inconsistent. Revenue streams include beverage sales, lotto, check cashing at 2% and money orders. Check cashing is the primary source of income for the business, but owner has declined to become licensed which prevents him from cashing checks over $1000. Busy industrial center less than a mile away offers a potential customer base. If buyer becomes licensed to cash checks, entire investment could be regained in the first year. Seller is motivated. Inventory is for sale at cost.
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