| Busy Neighborhood Liquor Store,
Tucson
Asking price: $650,000
Down payment: $325,000
Owner Financing: $325,000
2008 Receipts: $1,358,156
2008 Annual adjusted income: $266,787
Gross sales in first 6 months of 2009: $631,673
This is a small neighborhood liquor store with a drive-up window that's doing a big store business. The sales are 99% beer & liquor. Also sold are cigarettes, snacks, beverages, lottery tickets, money orders, phone cards. Seller does check cashing, Western Union, and they bag their own ice and sell about 600 bags a month in the summer at $1.50 to $3 a bag.
The seller said that if he was open two hours earlier in the mornings, he would net an additonal $4,000 per month. Lease is $1,700/mo.
There are three reach-ins, two walk-ins, security and recording cameras that can be checked by computer, and scanners on all cash registers.
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