Seller's Contact Information
- RE: Liquor Store - West Metro
- Contact: Peggy Scheeler
Quick Facts
Asking Price: | $875,000 | |
Annual Revenue: | $2,384,390 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 6 | |
BBN Listing #: | 759340231 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Established Off Sale Liquor Store, located in a western suburb Minneapolis. The business sells approximately 39% beer, 34% hard liquor, and 23% wine. The business was established in 1991 with the current owner since 2012. The store hours are Monday through Saturday 9 am to 10 pm and Sunday 11 am to 6 pm.
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Property Features and Assets:
The liquor store is located off the freeway on a busy street, in a strip mall; the parking is ample, and the access is easy. The liquor store occupies approximately 6,325 square feet. The current base rent is $14/square feet through 2022 with moderate increases. The lease expires in 2032.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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