Discover an incredible opportunity in the heart of South Beach, Miami, FL. This well-established liquor store is a gem, boasting an unbeatable location, impeccable organization, and a fantastic inventory.
Nestled amidst the vibrant energy of South Beach, this liquor store benefits from a prime spot that attracts both heavy vehicular and pedestrian traffic.
With an estimated inventory value of approximately $180,000, this thriving business is a haven for spirits enthusiasts. Please note that the inventory cost is included in asking price.
~1500 sqft
All the charm of South Beach! Within walking distance of dozens of condos, hotels, and restaurants.
Plenty of accessible parking with garage right across the street
This purchase includes the 3APS Quota Alcoholic Beverage License worth approximately $425,000; but does not include the inventory, which will be available for purchase at Seller's cost.
- Asking Price:
- $550,000 Furniture / Fixtures included
- Sales Revenue:
- $1M - $5M
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3% yearly increases, expires 2027 with a 5-year option remaining
- Leasehold Rent:
-
$114,948 per annum
- Location:
-
busy thoroughfare on Miami Beach, just north of South of Fifth.
- Premises Details:
-
Cute store, with great foot traffic, clean and well-organized store.
- Size in square feet:
- 1,500
Business Operation
- Reasons for selling:
-
retirement
- Trading hours:
-
10AM to 8PM everyday
- Employees:
- 3
- Years established:
- 16
Other Information
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $180,000
