Highly profitable Grocery, Beer & Wine store in Baltimore City

Baltimore, MD (Baltimore City County)

Highly profitable Grocery, Beer & Wine store in Baltimore City

Asking Price:$99,000

Cash Flow:$150,000

Gross Revenue:$300,000

EBITDA:N/A

FF&E:$20,000

Inventory:$4,000

Lease Rate/Sq. Ft.:N/A

Established:1996

Highly profitable Grocery, Beer & Wine store in Baltimore City

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Business Description

Highly profitable, well-established Grocery, Beer & Wine business located in Bal

Exciting opportunity to own a highly profitable, well-established Grocery, Beer & Wine business located in Baltimore City. Great visibility on a busy street, with excellent traffic, and a growing population makes this location a proven cash producer.

In business for over 20 years, this location maintains a loyal customer base. Currently open 6 days per week, for 8-10 hours per day, the Beer & Light Wine License allows for operations 7 days per week from 5 AM - 1 AM. This is an outstanding opportunity to build on the current owner’s reputation and add additional revenue streams including grocery sales, extended hours, and subletting of excess space.

Contact Tom Flowers or John Spaar / Colonial Business Brokerage / 410.982.7332

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,500 square. foot, busy location in an active neighborhood. The lease is for 3 levels, which includes a 3-bedroom apartment (currently sublet for $1,200/month), and basement storage. Highly visible frontage on a busy street with excellent traffic. Long-term lease available.
Competition:
Standard competition in the area. The owner has built a loyal and growing customer base over the past 20 years.
Growth & Expansion:
The Owner has identified several areas for growth and expansion of the store's offerings that could be very attractive to a new owner to pursue.
Support & Training:
Owner will provide training and support to new ownership and management.
Reason for Selling:
Owner is finishing school and relocating to pursue other business interests.

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Tom Flowers

Business Listed By:
Tom Flowers

Colonial Business Brokerage

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