New upscale store opened in 2021, this business now has solid brand recognition in the market and is shifting from start-up to going concern. Significant assets in place for this turn-key operation. This business offers packaged goods and lottery, with friendly service and a convenient location. Traffic throughput of approximately 60,000 autos per day and plenty of parking.
- Asking Price:
- $320,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $359,676
- Cash Flow:
- $6,241
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Lease in place for 9+ more years along with (2) 5-year renewal options. Total of 1,700 sq. ft with high ceilings which extend capacity. Current rent is approximately $3,880 with NNN- $300. Large parking lot for customers.
Business Operation
- Expansion Potential:
-
The liquor store is new and growing rapidly and it will continue to grow. Moved from start-up to going concern in less than a year.
- Competition / Market:
-
This business is located in a targeted revival and growing area. The business presents very well and distinguishes itself from the typical liquor store. Approximately 60,000 cars to pass this location daily - great customer throughput! They have over 1000 customers tracked in their system.
- Reasons for selling:
-
Owners want to concentrate on their other pre-existing business.
- Trading hours:
-
Monday-Saturday 10am-9pm
- Employees:
- 6 PT
- Years established:
- 1
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
The business carries a diversified inventory of wine, beer, and spirits and offers lottery. Delivery provided through Drizly.
Class A 6 day liquor license to include Beer, Wine, Spirits, tastings, delivery.
- Furniture / Fixtures value:
- $71,000 - included in the asking price
- Inventory / Stock value:
- $70,000 - included in the asking price