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Lucrative Liquor Store In Maryland For Sale

Maryland, US
Asking Price:
$1,750,000
Sales Revenue:
$3,000,000
Cash Flow:
$570,000

LISTING ID # 36126

Phenomenal liquor store for sale! This community staple has been in business for 20 years. The current owner must sell due to a dissolving partnership. The store boasts a whopping 5,000 sq ft of floor space, selling 40% wine, 30% beer and 30% spirits. There is a newly signed 10 year lease with a 5 year option with $12k in monthly rent. The business has stellar reviews across all platforms and currently has 3 full time employees. The store will regain its Maryland Lottery Super Agent status in 3 months with the ability to sell scratch-offs, Mega Millions, and Powerball generating an additional $100k yearly in commissions. The location is optimal, near a shopping center and primed for the spring and summer months. The transfer of the liquor license will take 30 days with all paperwork in place. Team will stay on for a few weeks of training post sale. Inventory to be paid in full at closing. Proof of funds will be required prior to meeting with the owner. All site visits must be discreet, please do not speak with anyone when visiting the location. All meetings must be by appointment only! Don't miss the opportunity to own this powerhouse - it won't last long. Due to issues with the previous owner, the current owner is only accepting cash offers! Contact the broker Sheree Jones.

Business Operation

Reasons for selling:

Dissolving partnership

Employees:
3 FT
Years established:
20

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$5,000
Inventory / Stock value:
$1,000,000