One of the best known wine & spirit retailers in S. FL. is now available for acquisition. Offered for sale by the original owner after 46 years of successful operation, Seller is ready to retire and transition this wine & liquor super store to new management. 5,000 SF of wall to wall liquors with a world class wine selection and substantial back up inventory. GM likely to stay post sale. Seller owns building which also produces significant additional revenue; Buyer can purchase the building, lease the space as is, lease smaller space in building or relocate the business entirely. $708,580 (cost) inventory included as is 4-COP liquor license. Virtually no advertising or promotional events done in many years, the upside to take this business, having been on cruise control, is amazing. Buyer prospects must provide PFS/proof of funds to listing Broker prior to disclosure. Financials include rent adjust to fair market rent. Please refer to listing & ask for Randy Bring when inquiring.
- Asking Price:
- $1,050,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $635,309
- Cash Flow:
- $98,250
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5K sq. ft. freestanding building @ $8750/mo or RE can be purchased for $4M.
- Location:
-
Broward County
- Premises Details:
-
5K sq. ft. freestanding building @ $8750/mo or RE can be purchased for an additional $4M.
Business Operation
- Expansion Potential:
-
Unlimited
- Competition / Market:
-
Unknown
- Reasons for selling:
-
Retirement
- Trading hours:
-
Sun; 10a-7p, Mon: 10a-8p, Tues-Sat: 10a-12a
- Employees:
- 4
- Years established:
- 46
Other Information
- Support & training:
-
Seller will train for 2 weeks
- Furniture / Fixtures value:
- $191,420 - included in the asking price
- Inventory / Stock value:
- $708,580 - included in the asking price
