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French Quarter Wine / Beer / Liquor / Cigarette Store
Location: United States -> Louisiana -> New Orleans
Industry: Retail > Other Retail




Business Summary

Sunbelt Business Brokers of New Orleans presents this liquor store for sale in a Prime location in the historic French Quarter for $2,500,000, with a verifiable cash flow of over $1.145 Million! Can be operated easily at 70% absentee management. The business has been in operation for several decades serving the local residents and tourists alike. Business has an excellent high traffic pedestrian location. Business also sells cigars and other tobacco products. Store has a wide variety of assorts craft beers, wine and specialty liquors.

A store like this, with this location won't last long. This is an excellent opportunity for an owner operator or absentee owner. Owner has decided to retire and is motivated to sell. Seller will help train new owner on this easy to own and operate business. Owner may consider some seller financing for a qualified buyer with a proper down payment. Contact us today for more information on this New Orleans French Quarter liquor store business for sale. Come meet the owners, see the great locations and crowds coming through the store, make offer!

Serious, financially able inquiries only. For additional information, or to make an appointment to meet with the seller, please contact Barbara Ducote of Sunbelt Business Brokers of New Orleans, anytime at 985-290-9791.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,457,376
Cash Flow:   $1,145,456
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $107,315
Seller Financing:  Yes

About The Business

Year Established:  1960
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Owner extends full training and reasonable support, both for a mutually agreed upon period of time.
Reason For Selling:  Owners are selling because they are ready to fully retire.




Print Listing Id: 700263918
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Also See: Franchise Opportunities > Franchise Resales > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers



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