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Business For Sale

NEW TO MARKET - LIQUOR STORE WITH PROPERTY

Attn: Joe Holstein
Hartford, CT, USA
Listing Number: "COJH38CL"
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Asking Price: $2750000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Liquor Stores  
Reason for Selling: Owner needs to liquidate for another investment
Year Established: 2004
Yearly Cash Flow: $300000
Yearly Gross Income: $1500000
 

Business for Sale Overview:

Here it is. Outstanding opportunity. Liquor store has been in this location for many years. Owner purchased business in 2004. In 2006, owner built brand new building and closed the business for three months to complete construction. Beautiful building and property on corner of heavily traveled road. Owner put in $2.1 Million to buy the surrounding properties to have enough room to build. Two houses on property that pay $950 per month in Rental income. This store will do over $2.5 Million and possibly $3 Million, if run properly. Store is always busy.


Property Features and Assets:

Brand new building and driveway. 2,590 square feet on the sales floor, 2,590 basement storage with Bathroom, and 400 square feet office upstairs with windows to oversee entire store. Excellent location on heavily traveled road with easy access to building. Blue collar area.


Market Competition and Expansion:

New Store has been open about 5 months and is already doing $30,000 per week plus lottery. Needs a website and will naturally grow.


Additional Details:

  • The property is owned.
  • 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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