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Business For Sale
PACKAGE GOODS STORE & TAVERN
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Asking Price: |
$380,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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The owner wishes to work 5 days a week. |
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# of Employees:
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4 |
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Yearly Gross Income:
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$420,000 |
Business for Sale Overview:
The store has been a neighborhood fixture for decades. The store lease also includes the apartment upstairs. The apartment could be leased to an outside tenant to reduce the overall rent, or offered to a manager to reduce salary. A motivated owner/operator should add scratch offs and keno to increase revenue. The lottery commissions should be considerably higher for a store doing this kind of volume in sales. The new owner should also open at 6:00 am which is permitted by the license.
Property Features and Assets:
The liquor store is housed in a 1,800 square feet facility. The rent is $1,689 per month NNN and the lease expires in 2014.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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