One of the oldest liquor stores in its market began operations in the 1930’s. Early in 2020, they moved into a new more modern space that more than doubled the retail and storage size of the store.
The store was opened with all new state-of-the-art equipment, including a huge multi-glass door walk-in cooler, gondola and wall shelving, custom retail counter, computer hardware with industry specific retail POS software, with the latest inventory management capabilities, security hardware w/cameras and monitors, etc.
Real Estate
Rent is $1,150,000 per month
Building Size: 5000 sq. ft.
Furniture Fixtures & Equipment
$275k
Inventory
$220k
Number of EmployeesFull-Time: 7
Year Established
1930
Reason Selling
Owner retiring
Facilities & Assets
All new state-of-the-art equipment, including a huge multi-glass door walk-in cooler, gondola and wall shelving, custom retail counter, computer hardware with industry specific retail POS software, with the latest inventory management capabilities, security hardware w/cameras and monitors, etc.
Initial lease in 2020 was a 5-year lease with renewal options.
Support & Training
The seller is looking to retire after more than 40 years in the retail liquor business. His industry knowledge is a broad and deep asset of the business. He will agree to provide substantial transitional training.
Growth Opportunities
This location was strategically chosen to be in the midst of the recent growth of commercial activity in the area. The expansion of the commercial area has been dramatic in that it has attracted additional private investment in real estate development and commercial business growth to the area.
Financing Options
Seller financing is available.Partial owner financing available to a qualified buyer
Asking Price$900k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.