Business Overview:
This store is 4 years old and is run by a large corporation. As per their business plan the business was to be leased out once the sale passed $1,000,000 per year and this it has achieved by the end of 2010. The million dollar sale is only in hard liquor, wine and cigars. All high margin items. This store does not sell beer, cigarettes or lotto.
The asking price is for build out and equipment. In addition, a $50,000 security deposit plus previous experience in liquor business is required.
Rent will start at $4,500 NNN and increases by 3% annually.
This is a money making business for some one who understands the business. Not a distressed sale, the owners can afford to wait as long as it takes to find the right buyer. Please request and fill in the confidentiality agreement before contacting me. To obtain the confidentiality agreement click on "Contact the Seller" right side of screen; fill in your contact email/telephone and comment 'request NDA'; click Request More Information button. Principals Only Please.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Rent will start at $4,500 NNN and increases by 3% annually.
The asking price is for build out and equipment. In addition, a $50,000 security deposit plus previous experience in liquor business is required.
Reason for Selling:
Corporate owned location.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: