High-Volume Neighborhood Liquor Store – Strong NOI & Long Lease

Asking Price$2,495,000

Cash Flow
$550,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,888,000

Inventory$800,000
Not included in asking price
FF&E$400,000
Included in asking price
Real EstateNot Disclosed

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High-Volume Neighborhood Liquor Store – Strong NOI & Long Lease


Asking Price$2,495,000

Cash Flow
$550,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,888,000

Inventory$800,000
Not included in asking price
FF&E$400,000
Included in asking price
Real EstateNot Disclosed

Business Description
If you're looking for an exceptional opportunity to own a thriving liquor store, this is it! Average monthly sales of approx.$240,000.

This is one of the busiest liquor stores in the City. This highly profitable liquor store has consistently generated a huge cash flow. affording the owner an outstanding salary after expenses.

THE OWNER DOES NOT WORK IN THE STORE.

Because of the high sales the owner enjoys volume discounts from suppliers.

Features a wide selection of tropical rums from the Caribbean and Polynesia, fine wines from Europe and
the Middle East, premium tequilas, and specialty liqueurs. Many of the other liquor stores do not carry the variety of wines as this liquor store.

The liquor license IS INCLUDED in the sale.

Inventory of about $800,000-$1,200,00 IS NOT included and must be paid for at the time of closing.

Key Highlights:

*****Prime Location: Situated along a busy retail corridor, surrounded by a large residential community.
*****Established over 17 years
*****New owner can further grow the business. Web site, door dash & Uber deliveries
*****Lots of loyal walk-in customers
*****Turnkey Operation. Make money from day one
***** Includes all equipment, a state-of-the-art POS, and security system.
*****Strong Reputation: Over seventeen years of goodwill
*****Excellent service, and a loyal customer base
*****Features a wide selection of tropical rums from the Caribbean
*****Huge sellers of Hennessy, Grey Goose, Titos & Gran Patrón Tequilas.
*****Lease: 10 yrs remaining plus 2 X 10 YR. option
Only Serious Experienced Buyers with Proof of Funds.
NO bank financing.
NO Seller financing
NO Brokers/Realtors. Only Buyers

This is a very confidential sale. Please text or email for Non Disclosure Agreement. Proof of Funds must be provided before the address is disclosed as per seller.
About the Business
Years in Operation
16
Employees
5
Facilities & Assets
Approx.2,900 Sq. ft
Unlimited parking
Visible signage.
Open Hours Monday - Saturday 11 AM - 2 AM. Sunday - 1 PM - 2 AM
Employees: 2 full time, 3 part time
Lease: 10 yrs remaining plus 2 X 10 YR. option
Market Outlook / Competition
Very little competition as the city is no longer allowing anymore permits for new liquor stores to open.
Busy from open to close because of walk in business.
Opportunities for Growth
New owner can further grow the business. Web site, door dash & Uber deliveries, Special events. Located just minutes from Cricket Stadium that sponsors international matches every year.A new owner/operator can increase cash flow even further.
About the Sale
Seller Motivation
Retirement. Owner wants take more vacations and spend more time with grand child
Transition Support
Seller Support & Training so as to facilitate a smooth transition
Financing Options
None. All cash transaction
Listing Info
ID
2331540
Listing Views
2007

Contact Seller

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Business Listed by: Rudy Singh Buy Direct Real Estate Inc

Listing ID: 2331540 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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