Business Overview:
A 2,000 square feet liquor store on a highly traveled road. This is a highly inventoried store with an operating inventory of approximately $125,000. Owner states that he operates at around 25% gross profit margin, and a significant portion of business being wine. Inventory which can be lowered to $100,000. Sales are estimated.
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:
There is a long term lease in place that with options will run through November 30, 2020. Presently rent is about $2,830 per month with tenant paying 50% of real estate taxes. There are annual increases in the base rent of 2 ½%. Lease states that at no time will lease exceed $19.50 per square feet.
Reason for Selling:
Family relocating
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: