$160,000 NET #10 Glendale Beer & Wine Store

GLENDALE, Arizona

Asking Price	$490,000	Year Established
Annual Revenue	$1,020,000	Reason for Selling
Annual P/L	$160,000	Attention	Mike Darmo
Annual Cash Flow	$0	Listing Number	1009739
# of Employees		Business Category	Food & Beverage: Convenience Stores

Business Overview:

Here is the store that boasts a large area and a great location in a very busy part of Central Glendale that has non-stop traffic and tons of room for anything you want to do. The store is 2600 sq.ft. with a rent of only $6000 with 4 years left and options. The store produces over $1,020,000 in gross sales a year and around $160,000 in profit in the owner's pocket after all expenses. The store also offers U-Haul services and the commissions are around $300 to $500 a month as well as a check-cashing sub-lease that produces $1500 in sub-lease rent per month as well. This store has tons of potential especially with the size of the space and the location. The store boasts $120,000 worth of inventory at cost included in the price. The store also has a wrap around walk-in cooled and tons of showcases for product and an unbeaten location in the Heart of Glendale. Seller is offering amazing seller financing terms with $300,000 down and $190,000 for 2 years at 6.5%. Hurry up this store will go quick especially for this price and the amazing lease rate. These deals are very rare.

Property Features and Assets:

<p>Beautiful Stand Alone building near a very busy street.<br></p>

Market Competition and Expansion:

<p>Tons of room for growth with time and dedication.<br></p>

Additional Details: