8187 Fairfield DrPensacola, FL 32506
- Retail properties
- 22,419 SF
Property Details for 8187 Fairfield Dr
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 7.15 AC
- Property size (Sq ft)
- 22,419 SF
- Zone code
- COM
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 11-2S-31-3400-000-000
- APU
- 112S313400000000
Description
Established Pensacola liquor store with a 3-PS license is for sale for $745,000. The 2,000 square foot business, located on a 7.135-acre lot at 8187 W Fairfield Dr, Pensacola, FL 32506, generates approximately $900,000 in gross annual sales and a net operating income of $200,000. The business has been operating since 1978 and is situated in a high-traffic location, benefiting from excellent visibility and a loyal customer base. All business assets, excluding inventory (negotiable separately), are included in the sale. The sale also includes a valuable 3-PS liquor license, easily upgradeable to a 4-COP license, offering significant expansion potential. The current lease, a NNN lease, expires January 14, 2025, with a remaining term of one year. The property is zoned commercial and features one single-story building. This turnkey opportunity presents a strong investment with substantial growth potential in a thriving market. The business offers a wide selection of popular brands and impeccable customer service. Financial records demonstrate consistent profitability with gross profit margins around 23-24%. The opportunity to upgrade the license to a 4-COP allows for on-site consumption, opening new revenue streams. This is a rare chance to acquire a well-established business with a highly valuable liquor license in a prime Pensacola location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,463,374
- 6.5%
- $4,120,038
- 7%
- $3,825,750
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,823,751
- Geo Method
- $4,016,292
-
Alternative Use
- Use
- Valuation
- Residential
- $3,475,406
- Hospitality
- $3,183,454
- Educational
- $2,648,596
- Medical
- $2,739,685
- Retail
- $4,120,038
Location Insight
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Latitude
- 30.4223
- Longitude
- -87.3162
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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