This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note

Liquor Store with Property in Pensacola, FL!

Listing was updated on: 08/21/2019
Liquor Store with Property in Pensacola, FL!

Property Overview

Price/Rent PSF $ 2,600,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1
Date Available 08/21/2019
Search Demographic Data Explore financing options
Click to add the listing to favorites
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Copy iframe
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Make a Note
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Add to Listing Report
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Export PDF
You need to be logged in to do this. Click the link above to log in or register for free so you can do this

Description

$250,000 Monthly Sales! Liquor Store with Property in Pensacola, FL! Store currently does $1M in-store sales and $2M online yearly! The Seller owns 2 independent websites that are generating heavy traffic! The online business quickly surpassed the in-store sales because the average ticket is over $150 an order! The Seller takes home nearly $320,000 in net profit! The Seller purchased the business and property in 2006 for over $1.5M, which did not include the online business. In 2017, sales were $2M when he started the online businesses which can legally ship to 27 states from Florida! 2018 sales were $3M and the business is projected to generate $3.5M in revenue for 2019! Seller is a full-time pharmacist and Seller’s wife is present at the store for a few hours daily to check on employees. The Seller has the ability to increase traffic through Google Adwords and Facebook Ads but his wife does not want to handle the increased business! The Business is running as a well-oiled machine! The Buyer can monitor the business from anywhere around the world by logging into the store’s POS and camera system. Otherwise, an owner-operator’s family can significantly increase revenue and minimize payroll expenses! The Seller has a good vendor order system in place! The building is 4,000 sq ft that can be extended to accommodate an additional 2,580 sq ft space and generate a total of $5,000 rental income per month! Expansion opportunities including adding a shipping warehouse or pizza delivery chain! Buyer can also put in a bar since the liquor license allows for on-premise liquor consumption! Located on a little over 1 acre of land in the heart of the city of Pensacola! Great visibility from the highway! 2.3M people visit Pensacola annually! Total population within a 5-mile radius is about 63,576. Seller wishes to get into a different business venture in New York that requires a significant amount of capital. The property has a drive-thru, dedicated turn lane, excellent freeway visibility, and a good pylon sign! Cap rate is over 12%! 11 minutes away from the Alabama/Florida border! 15 minutes from the NAS Military Base, Pensacola International Airport, State Park, Hospital, and beaches. Surrounded by multi-family homes, apartments, and other retail businesses. Heavy traffic on the highway which serves as the major bypass in Northwest Florida and stretches all the way to Alabama and Southern Florida. Daily traffic count is about 23,500 cars! The liquor license itself is worth over $200,000! Purchase a recession-proof business! People drink when they are sad and when they are happy! Asking Price for Business, Property, and Two Websites: $2.6M + inventory! Inventory is approximately $300,000 at cost and can be bundled in the loan at 20% down!

Location

Are you sure you want to delete your listing

We recommend you archive listings rather than delete them, for future reference.

Can we add this to our comparable database?

Are you sure you want to archive your listing

Can we add this to our comparable database?

Please type your email and we'll send you the mail with all pdfs attached. You can also download each pdf from the list below.