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Liquor Store

Margate, FL
Interior
Asking Price:$660,000
Gross Revenue:$2,000,000
FF&E:$70,000
Cash Flow:$200,000
Inventory:$200,000
Established Year:2009
Listing ID: 2286293Listing provided by BizBuySell
BUSINESS DESCRIPTION

Profitable Liquor store in desirable location at one of the largest shopping centers in Broward county. Liquor license, Tobacco license, food permit, Lottery sales. Liquor store business is also set-up for Sales though Apps such as Uber, Doordash, etc. Liquor inventory is not included in the selling price. It is estimated that liquor inventory may represent an additional $200,000 at time of closing. Liquor store encompasses 1,600 square feet of leased premises. Ample and easy parking for customers. Prospective buyer must sign Non Disclosure Agreement (NDA) prior to obtaining more specific information about this business opportunity. Proof of financial ability/ prequalification is also required prior to releasing additional information about this business. Realtor's disclaimer: information is deemed accurate, but not warranted.

DETAILED INFORMATION
Location
Margate, FL
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease and liquor license. Lotto sales bring in sizeable customer base. Furniture Fixtures and Equipment at replacement cost would be much higher than the above-estimate in today's market. Currently lease at approx $5,500 per month including CAM and Taxes. Current Lease is valid to year 2028; renewal to be negotiated with Landlord. Seller has always been on time with monthly lease payments and Seller-Tenant is in perfect standing with Landlord.
Competition
Local clientele. Famous bix-box retail stores and restaurants located in the same shopping center bring in lots of walk-in traffic.
Growth & Expansion
Solid business with loyal clientele. Liquor merchandise is long-lasting with high demand regardless of economic circumstances.
Support & Training
Yes, precise terms are subject to negotiation with seller.
Reason for Selling
Owner seeks to relocate outside of the State
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Clarisse
Carbonell
Florida Realty of Miami
Phone Number
Clarisse Carbonell
Call Phone