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Liquor Store with Apartment, Well Established

Rhode Island (Providence County)

Retail - Liquor Stores

Asking Price $1,495,000 Inventory  
Gross Income $1,165,468 Real Estate  
Cash Flow $218,470 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Well known and established liquor store . Lots of parking with 4 apartments. Sophisticated monitoring system installed. Older building. Total building size is approx. 19,000sf, Land is about 12,800sf. liquor store & apt occupied only approx 6,000-7,000sf. Rest of building is vacant perfect for other retail/food stores and additional apt. $36K income from apartment

Growth/Expansion: Very well known store!! Just having adequate inventory will easily increase the sales to the 2006 level of $1.3M. Building is huge there is much growth potential to develop other retail business, such as a mini-market.

Reason Selling: Other business interests

Business For Sale By

Michael Acero

617-783-8812

Primesite Business Brokers

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