Asking Price:

$549,000

Gross Income:

$1,020,070

Cash Flow:

$118,870

FF&E:

$187,000.00 *

Inventory:

N/A

Real Estate:

N/A

Year Established:

2003

Employees:

2/2

Business Type:

Liquor Stores

* included in the asking price

Business Description

Motivated owner! Owner looking to retire, interested in offers. Terrific opportunity on this reduced price well established liquor store with extensive build out! The liquor license alone is worth $250,000 and is included in the asking price. This is a very sizable store over 5,000 square feet with room to grow in a very busy, high traffic area. First class build out of over $180,000 represents an excellent opportunity for an industry pro or investor to build this business. ACT NOW - this existing space can easily accommodate two to three times more sales! Rent is very reasonable at only $2,000 per month with a five year option with plentiful parking. Business has a solid beer following and LOTTO revenues. Increased sales can be had through increased advertising and pursuing an expanded wine selection and sales. Call for an appointment to see this great opportunity - won't last!

Detailed Information

Financing:

549,000.00 down & TBD

Support/Training:

Seller will train

Reason Selling:

Retiring

Broker Information

Nathan F. Goldstein

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