Highly Profitable Liquor Store
Near Casa Grande, Arizona
Asking price: $350,000 not including inventory
Down payment: $100,000 plus inventory of about $20,000
Monthly Payments: $5,067
Gross Sales: $62,000 per month
Adjusted net income: $10,000+ per month
This liquor store in the fast-growing Casa Grande area is extremely profitable, and includes living quarters. The building is very big and the seller is using only a small part of it. The seller used to operate a convenience store there too, but he closed it to cut back the workload, and now just operates as a drive-through liquor store.
The income above does not include check cashing fees. They charge 3% of the check amount. Some months during the harvest season, they might cash $50,000 in checks. The #9 liquor license is worth $80,000. Receipts for 2008 were $740,535. For the first seven months of 2009, receipts were $405,867. The lease is $2,250, and will not increase for at least the next 10 years.
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