This is a 6-day liquor store located in a famous bar/entertainment district, this newly renovated/opened business offers liquor, beer & wine. A hot-wing franchise will be coming in to share the building space- the front end will be the wing business, and the back end is the liquor store. The liquor store opened on 04/01/2022. The sales are already pretty substantial-$62,000 in September. This store enjoys a high margin of nearly 40% with very low overhead. It is an entirely an owner-absentee business run by a manager. It's the only liquor store on the street in the area.
The seller, who is also the landlord, is confident about the future of this business and willing to finance the inventory ($100K-$120K) to the qualified buyer(s). The prospect of growth for this business is excellent. Currently, it opens only 12-12 (M-F) and 3-12 (Sat). No Lottery yet but coming by the end of October.
The broker will share the exact current sales numbers with qualified buyers.
Real Estate
Leased
Business is
Absentee Owner
Number of EmployeesFull-Time: 7
Year Established
2022
Facilities & Assets
2,500 of street level as well as the basement. Completely renovated and new equipment and fixtures. Large walk-in cooler, freezer in the basement, and full kitchen, including hoods on both levels. Both businesses can share this space.
Very reasonable rent of $2,700.
Support & Training
The employees will remain and the owner will train the buyer(s) on the administration part for 2 weeks.
Growth Opportunities
It is only a beginning state now and a business-minded new owner can achieve its potential through proper marketing and better customer service.
Asking Price$275k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.