PRICE DROP $29k for Liquor Store in Owings Mills

Not Disclosed, MD
Baltimore County

Asking Price: Annual Revenue:
$29,500 $150,000

Food & Beverage: Liquor Stores

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RE: PRICE DROP $29k for Liquor Store in Owings Mills Broker: Michael McNamara
Owner Financing is Available!

Quick Facts

Asking Price: $29,500
Annual Revenue: $150,000
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 #: 291751174
Broker Reference #: 76551-585541

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Business Overview:

I can't say it's profitable YET, but a buyer can get a GOOD DEAL on a operating liquor store in a nice neighborhood. Owner spent $270k to start the business including the build-out, liquor license, furniture, fixtures and inventory. Owner has health issues and needs to sell by the end of July.

This liquor store is a tremendous growth opportunity to get in at the ground floor of an upscale neighborhood. Located in the newly built Metro Centre at Owings Mills, the large apartment building is not yet fully occupied. Business is on a busy street with neighbors including Eggspectation, World of Beer, the Metro Rail Station. Just down the street are more apartments are under construction next to the AMC theater and Costco. Established recently in late 2017, the current owner is selling due to health reasons.

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Reason for Selling:

Other interests.

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.

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