Family-Owned Liquor Store
Listing Price: $399,999
- Asking Price: $399,999
- Gross Revenue: $800,000
- FF&E: $399,999
- Inventory: $200,000
- Rent: $3,500
- Established: 1985
Business Description
High Traffic Volume
This liquor store has been family-owned for 40 years and features a wide selection of Craft Beer, Fine Wine, and Specialty Products. They order the latest and greatest products weekly regarding beer, craft beer, microbrews, fine wine, liquor, and anything and everything related to alcohol. Their prices are equivalent to wholesale prices. The current owner is absentee, so a new owner can grow the business by being a full-time operator. There is also room for a kitchen so hot foods could be added. With the high traffic volume in this area, increased food options could help grow this store.
Hours: Monday-Thursday 10am–9pm, Friday-Saturday 10am-11pm, Sunday 11am-9pm
Lease: $3,500 Gross lease with two 5-year options available
Detailed Information
Inventory: Inventory is not included in asking price.
Real Estate: N/A
Building SF: 2500
Employees: 1FTPT
Facilities: This 2,500-square-foot building is on a busy road with over 50,000 vehicles passing it daily.
Competition: Normal competition for this area
Growth & Expansion: A new owner could add more food options as only dry goods are currently available. There is also room to add a kitchen.
Seller Financing Available: Yes
Financing: $100,000 down with terms negotiable for a qualified buyer
Support & Training: Owner is willing to stay on as needed.
Reason for Selling: After 40 years the family is ready to move on.
Lease Info: Gross lease with two 5-year options available
- Listing ID: 54705
- BizBuySell ID: 2303698