PRICE DROP $40k for Liquor Store in Owings Mills

Owings Mills, MD (Baltimore County)

Seller Financing Available
PRICE DROP $40k for Liquor Store in Owings Mills
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Asking Price: $40,000

Cash Flow: N/A

Gross Revenue: $150,000

EBITDA: N/A

FF&E: N/A

Inventory: $30,000*

Rent: $7,000 /Month

Established: N/A

*not included in asking price.

PRICE DROP $40k for Liquor Store in Owings Mills

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Business Description

I can't say it's profitable YET, but a buyer can get a GOOD DEAL on a operating liquor store in a nice neighborhood. Owner spent $270k to start the business including the build-out, liquor license, furniture, fixtures and inventory. Owner has health issues and needs to sell by the end of July.

This liquor store is a tremendous growth opportunity to get in at the ground floor of an upscale neighborhood. Located in the newly built Metro Centre at Owings Mills, the large apartment building is not yet fully occupied. Business is on a busy street with neighbors including Eggspectation, World of Beer, the Metro Rail Station. Just down the street are more apartments are under construction next to the AMC theater and Costco. Established recently in late 2017, the current owner is selling due to health reasons.

Detailed Information

Location:
Owings Mills, MD
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Support & Training:
1 week
Reason for Selling:
other interests
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Michael McNamara, MBA

Business Listed By:
Mike McNamara

Transworld Business Advisors of Baltimore

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Sponsoring Broker:
Yuri Kovalenko

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