Sales Growth Trend

See the google review!

We are making a brand. Current review is 4.3 by the way.

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Organization Chart

The owner is working 10 hours a week
taking long vacations! Keep a good manager!

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POS system

All Workflow in One

The net work allows remote contorol this store from home.

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Weekly Tasks

• Place Orders: Wednesday
• Inventory Receiving: Thursday
• Input New Inventory into POS
• Cash Count/Banking: Twice a Week
• Payroll: Bi-weekly

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Monthly Tasks

• Monthly Tax Filing
• Physical Inventory Count

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Annual Tasks

• Pay Bonus
• File Tax Return
• Check Legal Affairs
• Prepare Business for Sale in the Next Decade

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Store

Theme of Pirates

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Features

Dimension: 1104 sqf 2014 10/25/2020

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Resources

• Fuji, Inc. (Current Owner Information Entity #: 10020982): State of Alaska / Commerce / Corporations, Business, and Professional Licensing / Search & Database Download / Corporations / Entity Details
• MOA Liquor License Map: License #688 Package Store
• Tobacco License Treasury
  907-343-6686 or 907-343-6967
  Resource
• Current Lease Term: 9/1/2024 - 8/31/2029 (5 years each)
  Monthly: $3,038 (Feb.2025)
  Lessor: Western Enterprise

Business Transfer Process

We provide comprehensive support for acquiring Liquor Licenses, Tobacco Licenses, and Business Licenses. Our firm takes pride in our established reputation for excellence.

Phase 1: Initial Preparation

• Initial Inquiry: Identity Verification and Proof of Financial Capability <Guide>
• Execution of Non-Disclosure Agreement (NDA)
• Preliminary Information Disclosure: Sharing high-level business overviews and initial financial summaries.

Phase 2: Negotiation & Due Diligence

1. Letter of Intent (LOI) & Escrow: Agreement on preliminary terms and submission of a $100,000 earnest money deposit to an escrow account. (This deposit is fully protected by the Escrow Agreement during the due diligence process.)
   • 📄 View Sample Letter of Intent (LOI)
   • 📄 View Escrow Agreement Draft
2. Due Diligence: Comprehensive review of financial records, tax returns, equipment conditions, and operational procedures.
3. Asset Purchase Agreement (APA): Drafting and execution of the final binding contract.

Phase 3: Approvals & Closing (Estimated 4-6 Months)

In accordance with Alaska State Law, the actual transfer of the business and funds cannot occur until formal written consent is granted by the regulatory authorities.

4. License Transfer Applications: Immediately following the execution of the APA, formal transfer applications (e.g., Form AB-01) for the Liquor License must be submitted to the AMCO (ABC Board).
5. Municipal Review & Lease Assignment: The Municipality of Anchorage (MOA) requires a 60-day review (protest period) for the liquor license transfer. Concurrently, lease assignment approval must be secured from the landlord.
6. State Board Approval: Final written consent from the State of Alaska ABC Board is required. No controlling interest or business operation can be transferred before this approval is officially issued.
7. New Business License Application (Buyer): Because an Alaska State Business License cannot be transferred, the buyer must apply for a new State Business License and any other non-transferable local permits. (Recommended: 2-3 weeks prior to the closing date to avoid any gap in operations).
8. Final Inventory Audit: Once all regulatory approvals are secured, a physical count of merchandise and liquor stock is conducted immediately prior to the closing date.
9. Closing & Handover: The buyer funds the remaining balance into the escrow account. The escrow agent then disburses the final payment to the seller, followed by the key exchange and the official transition of ownership.
10. Relinquish Existing License (Seller): Upon completion of the closing, the seller formally cancels/relinquishes their existing Business License. (Effective: On the exact day of closing).