Profitable Prince George's Beer & Wine Store

Beltsville, MD
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Asking Price:$550,000
Gross Revenue:$800,000
FF&E:$15,000
Cash Flow:$200,000
Inventory:$50,000
Established Year:1990
BUSINESS DESCRIPTION

Location: 30+ year old established beer and wine retail store located just off Baltimore Avenue outside of College Park in the Beltsville area. This is an excellent opportunity to acquire a well-established beer and wine store with a proven track record of profitability and high growth potential.

Key Features
Space: 2,700 sq. ft.
Equipment: Includes a 14-door walk-behind display cooler, ideal for showcasing a variety of products.
Hours of Operation: Open 7 days a week, 11 AM to 9 PM.
Lease Terms: $4,600/month with a 3% annual increase.
Inventory: $50,000 (not included in asking price).

Financial Highlights
Weekly Sales: $15,000 average.
Annual Revenue: Approximately $800,000.
Gross Profit Margin: 38%.
Net Profit: $200,000 annually.
Lottery Commission: $55,000 annually.

Traffic Count
Over 40,000 vehicles per day (VPD) travel pass the center ensuring consistent visibility and accessibility for the store.

Asking Price: $550,000

Prominently located with affordable rent and high traffic counts, this beer and wine store is perfectly positioned for continued success. Whether you're an experienced operator or a first-time buyer, this business offers stable cash flow and room for growth.


DETAILED INFORMATION
Location
Beltsville, MD
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2,700 sq. ft. retail unit within strip center along busy Baltimore Ave. Equipped with two walk-behind display coolers, lottery, shelving units, and large storage area.
Competition
Competitive market, although this store has a loyal customer base developed over the past thirty years. There are over 40,000 vehicles passing by the center on a daily basis.
Growth & Expansion
Currently operating under limited hours. Room for growth as the premises has approximately 1,300 sq. ft. of underused space. Expansion of hours and expansion of the premises should lead to substantial increase in sales.
Support & Training
Two weeks training and support.
Reason for Selling
Retirement
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Matthew
Gorman
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Matthew Gorman