Upscale Beer Wine & Liquor Store w/Seating, Lottery, Keno, & More

Montgomery County, MD

Seller Financing Available

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Asking Price:$380,000
Gross Revenue:$1,200,000
FF&E:$300,000
Cash Flow:$100,000
Inventory:$105,000
Established Year:2020
BUSINESS DESCRIPTION

Also has a liquor license for on-premises!

Here is a great opportunity to own a busy neighborhood beer and wine store in Montgomery County, MD. Beautifully designed, this business opened in late-2020 with buildout and improvements costing over $800,000. It has an extensive selection of craft beers and a wide range of wines. Two intimate bars cater to those who would like to relax and unwind or watch a game. The store has a number of additional services including Lottery, Keno, Western Union, check cashing, and more.

In late 2023, the store secured a LIQUOR LICENSE from Montgomery County and can now serve mixed drinks on-premises!

Seller financing is available for the right buyer. Owner will provide training and transition assistance to ensure a smooth turnover.


DETAILED INFORMATION
Location
Montgomery County, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,200
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Stylish build-out, plenty of flat screens for viewing sports and other entertainment, dedicated Keno room, located in a busy retail center with great surrounding demographics. FF&E General Condition: Excellent
Financing
Owner Terms:$150,000.00 Interest:6% Term Months:36
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Owner is retiring
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Mike
Hadad
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Mike Hadad