Liquor Store with Property in Pensacola, FL!

Listing was updated at: 04/23/2020
Property Overview
Price/Rent PSF $ 1,950,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1
Date Available 08/21/2019
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Description

Quick Sale! Asking Price for Business, Property, and Two Websites: $1.95M + inventory! Inventory is approximately $250,000 at cost and can be bundled in the loan at 20% down! Over $250,000 Monthly Sales! Liquor Store with Property in Pensacola, FL! Please do not talk to the employee working at the store. The Seller will not do a deal with you if employees find out the store is for sale. Store currently does $1M in-store sales and over $2.3M 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 online businesses can legally ship to 27 states from Florida! 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 and needs to free up his credit by paying off his current loan on this property. The property has a drive-thru, dedicated turn lane, excellent freeway visibility, and a good pylon sign! Cap rate is over 16%! 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! Quick Sale! Asking Price for Business, Property, and Two Websites: $1.95M + inventory! Inventory is approximately $250,000 at cost and can be bundled in the loan at 20% down!

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