Beer Depot & Convenience Store In El Paso For Sale

Business description

This company is a well established convenience store with a unique niche-it offers drive-thru beer pickup. In addition the company has an on premise manual car wash. The store opened in 1998 and has been owned by the current owner since 2009. The company has a very loyal following and has been consistently profitable. Current owner spends a minimum amount of time working the store so it would be a great fit for either an investor or an owner operator who wishes to take the business to the next level with a recession proof business concept. (Gross Sales and EBITDA are based on actual results for the year ending 2010). Hours of operation 7AM to Midnight Mo-Fr 7AM to 1AM Sa 8AM to Midnight Su.This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. For more information, contact Tom Given below.

Property information

Real Estate:

Lease

Location:

The store is located in a very high traffic and growing area in Northeast El Paso.

Premises details:

1,500 sq. ft. @ $1,152/mo. With exercise of the lease extension, the lease will expire in 2016.

Size in square feet:

1,500

Business Operation

Expansion potential:

Current owner recommends that new owner expand the store marketing by having additional live music events and by increasing the radio advertising as well as mass mail advertising. New owner might also consider opening additional locations for substantial growth opportunities. Seller has many other ideas that he is confident will increase sales substantially and he will discuss those ideas with a qualified, serious buyer.

Competition / Market:

Although there are several competitors in the company’s marketplace, this company has one of the few drive-thru beer locations in town. Because of the current owners unique marketing approach and because the business has been around for a long period of time, the company maintains a loyal customer base.

Reasons for selling:

Owner leaving town

Years established:

13

Other information

Support & training:

Seller will train for 2 weeks and is available for consulting on a longer term basis. In addition, the current staff is well trained and expected to stay on board with the new owner.

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)