UNDER THE CONTRACT !!,Very Good Margin City Liquor Store w/buildings
Asking Price: | $649,000 |
Gross Revenue: | $850,000 |
Real Estate: | $300,000 |
Cash Flow: | $250,000 |
Inventory: | $80,000 |
Established Year: | 1964 |
UNDER THE CONTRACT !!,The business is located on bustling North Avenue and enjoys a profit margin of approximately 45% higher due to primarily selling single items such as miniatures, pints, individual beers, and small wines. The business maintains a steady flow of customers from opening to closing, who are generally very pleasant. The current Korean owner is looking to retire.
Two buildings—the one where the current business operates and an adjacent building—are included in the sale. Both buildings have been extensively renovated recently, including the apartments upstairs, and all business-related equipment is new.