Liquor Store
Asking Price: | $220,000 |
Gross Revenue: | $552,000 |
Rent: | $3,350/Month |
Cash Flow: | $48,000 |
Inventory: | $60,000 |
Established Year: | 1960 |
Very Popular busy store, has been there for many decades. Monthly Sales are approx 46K. Highly profitable with high margin (40-45%) per seller. The owner has remodeled the store which has outstanding results, the sales are trending up. Absentee owner. Owner operator buyer can use the potential of business to increase sale and profitability.
Rent 3350/mo, current lease is valid till 2025 with a 5 year option. Store does not sell tobacco. Short hours of operation form 9:00 AM to 10 PM Sun-Thur and upto 11 PM on Fri and Sat.
Disclaimer:Above information has been obtained from believed to be reliable sources. Neither the broker has verified the information nor it has been audited by a CPA. Buyer must do his own due diligence, take advice from his own accountant or an attorney to satisfy himself to determine the viability of the business. Broker does not assume any liability whatsoever if the information obtained is not accurate/true and does not guarantee any income claimed by the seller. Buyer will indemnify and hold the broker harmless forever in case of any discrepancy.
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