Liquor Store

Liquor Store

Available

$899,000.00

Listing Number :

 3638

Status :

Expired

Price :

$899000

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Description

High volume liquor store in an excellent location. Located on a busy intersection, with plenty of parking. This store has been established here for over 20 years. The store is mainly selling liquor, beer and wine. Mixed neighborhood, surrounding plenty of apartments. Minimal competition. Good books and records. Seller Claims: Sale $115k/monthly excluding Sales Taxes and Lotto. With Lotto and Sales Tax gross monthly sales $140,000. Net Income: 360k/ annually. Rent is very reasonable $3200 and SBA available for a qualified buyer. Buyer must have seasoned cash and excellent credit to qualify for loan. This is a great business opportunity, this wont last.

3638

 

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 1999
Year Purchased:
Business Type: Liquor Store
License(s) Required: Business, Health, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3638
Date Available: 1/29/2019
Reason For Sale: Moving to different state.
Annual Total Revenue: 1320000
Annual Net Income: 360000
Inventory:
Monthly Payroll: 5000/m
Lease Information
Base Rent: 3300/m Lease expires 2029
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 899000
Owner Will Carry:
Other Finance Terms:

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