UNDER THE CONTRACT !!,Very Good Margin City Liquor Store w/buildings

Baltimore, MD
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Asking Price:$649,000
Gross Revenue:$850,000
Real Estate:$300,000
Cash Flow:$250,000
Inventory:$80,000
Established Year:1964
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Baltimore, MD
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,000
Employees
2
Financing
All Cash
Support & Training
2 weeks
Reason for Selling
retire
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jim
peang
Greenmount Properties LLC
jim peang