Liquor Store For Sale with 2.5 Acres of Property in CT
| Asking Price: | $4,000,000 |
| Gross Revenue: | $1,200,000 |
| Cash Flow: | $250,000 |
This Liquor Store is located on a highly visible, prime corner with 18,000 car count, and over 125 feet of frontage on a main road. The shop is doing over $1.2m in revenue with tremendous room for growth.
The shop is situated on a 2.5+ acre property with APPROVED plans for a 4 MPD gas station and large C-store. There are only 4 gas stations with liquor stores on the same property in the state on Connecticut. This is a rare opportunity to be the 5th in the state. To put in perspective how difficult it is to own one of these operations, the current owner spent thousands of dollars on attorney fees + 5 years to get the approval for the gas station addition.
The development property has 3 retail storefronts: the operating liquor store, a c-store for the proposed gas station, and 1 additional retail store which when leased was collecting $4,500/month in rent) PLUS 5 apartment units, and a large amount of open land to build a storage unit business (popular in the area).
This is a VERY rare and unique opportunity to acquire a mixed-use property with approved gas station plans and additional revenue producing development opportunities. Please refer to listing number 15528 when inquiring about this opportunity.
