Liquor Store in Knoxville, highly sought after location. Real Estate is part of sale. Absentee owner.

Knoxville, TN

This liquor store business is known for its extensive selection of spirits, wines, and beers, complemented by mixers and related accessories. The business maintains consistent annual revenue, a steady customer base, and professional management in place. Daily operations are overseen by a full-time manager and trained retail staff, allowing for absentee ownership. The price of $3,600,000.00 include the real estate with its own parking lot, delivery rollup door, and freight elevator. 

Listing Number:

25044

Category:

Bar/Liquor

Location:

Knoxville, TN
$3,600,000

Financial Information:

Gross Revenue:

$1,741,781

Listed Price:

$3,600,000

Down Payment:

$0

Total Income:

-$275,488

Year Established:

N/A

Lease Information:

Square Feet:

7200

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$100,000

Inventory:

$453,792

Other Assets:

N/A

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

1

Special License Required:

TN Liquor and Wine License

Contract Labor:

0

Training Period:

2 Weeks

Reason for Selling:

Diversification. Seller has multiple businesses.

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Russell Carriere
Office: (865) 255-4731 | Cell: (865) 255-4731
License #:

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Liquor Store in Knoxville, highly sought after location. Real Estate is part of sale. Absentee owner.
Knoxville, TN

Listing Number:

25044

Category:

Bar/Liquor

Location:

Knoxville, TN

Listed Price:

$3,600,000
brokerPhoto
Russell Carriere
Office: (865) 255-4731 | Cell: (865) 255-4731
License #:

This liquor store business is known for its extensive selection of spirits, wines, and beers, complemented by mixers and related accessories. The business maintains consistent annual revenue, a steady customer base, and professional management in place. Daily operations are overseen by a full-time manager and trained retail staff, allowing for absentee ownership. The price of $3,600,000.00 include the real estate with its own parking lot, delivery rollup door, and freight elevator. 

Financial Information

Gross Revenue:

$1,741,781

Listed Price:

$3,600,000

Down Payment:

$0

Total Income:

-$275,488

Year Established:

N/A

Lease Information

Square Feet:

7200

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$100,000

Inventory:

$453,792

Other Assets:

N/A

Additional Information

Full-Time Employees:

4

Part-Time Employees:

1

Special License Required:

TN Liquor and Wine License

Contract Staff:

0

Training Period:

2 Weeks

Reason for Selling:

Diversification. Seller has multiple businesses.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.