Annual Figures 2024:
– Gross Sales: $4,561,927
– Net Profit: $575,971
Expenses 2024:
– COGS: $3,692,453
– Been in business since 2003 when owner opened it
– Owner is fully absentee
– 25 employees. Store manager gets paid $120,000 a year
– Around $90,000 a week in sales
– $1,000,000 in payroll a year
– Owner put around $600,000 into the store. New coolers, compressors, and HVAC system
– $150,000 in inventory
– Store is 15,000 sqft. Retail side is 11,000 sqft. Warehouse is 4,000 sqft
– Property is 4 acres with 4 tenants
– Property collects $86,000 a year in rent. Rents can be raised.
– Property is worth around 3,000,000
– Does not have beer and wine license
– Has a huge deli section
– Seller is retiring and moving
