High End Liquor Store-EB-5 Approved with RE

Fort Lauderdale, FL
Broward County

HOLLYWOOD


Asking Price: Annual Revenue:
$3,500,000 Not Disclosed

Food & Beverage: Liquor Stores


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RE: High End Liquor Store-EB-5 Approved with RE Broker: Seller of Business

Quick Facts

Asking Price: $3,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 514757591
Broker Reference #: Not Disclosed

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Business Overview:

Award-winning, high-end liquor store with real estate for sale. 38 years in same location with established clientele. Property is a freestanding building in corner location of a high traffic area with excellent exposure and visibility. Walking distance from the business, a 5-story residential apartment complex is under construction, anticipating income increase. Price includes: real estate, liquor business, liquor licenses, entire inventory and future extension plans and city permits for construction of cafeteria, and exterior wine by the glass lounge project. Owner has spent over $950,000 on renovations and can provide licensed contractor name and receipts. He will also spend an additional $800,000 for the expansion of the of the wine by the glass lounge and the cafeteria. Construction plans have been submitted to the city for their revision and approval. Just waiting for the approval of the plans to start construction. Also check cashing store inside building is ready for new owner to operate and receive additional income. On 2018 owner made major renovations and upgrades to the property: new roof, new cooler, new tile floors, drop down ceiling, state of the art shelving, landscaping with artificial grass and security system. New kitchen, 2 modern bathrooms, check cashing space with bullet proof glass and door, and wine by the glass lounge were added in the interior of the building. On the west side of the building there is a parcel being used as additional parking lot for the property which is also included in price. Big time money maker! High profit margin! Voted #1 liquor store in Wilton Manor. EB 5 visa eligible. Seller is extremely motivated due to the fact he is relocating to Brazil. Business only also available for $900,500.

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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