THIS LOCATION FOR BUSINESS HAS BEEN ESTABLISHED FOR OVER 22 YEARS OVERALL
- PLENTY OF PARKING OVER 30+ CARS , OTHER RETAILERS INCLUDE pizzeria, bakery, ice cream and few more "customers often tent to shop in bulk which indirectly boost sales for other stores" comment to be noted by the seller
- CURRENT OWNER HAS BEEN OPERATING FROM 2 YEARS
- OWNER GROSS REVENUE $420,000,
- NET PROFIT $127,000 YEARLY ,NET PROFIT AFTER OWNER SALARY $97,000
- REASON FOR SELL- OWNER WANTS TO MOVE TO FLORIDA
- OWNER HAS LIVES IN THE NEIGHBOURHOOD FOR 10+ YEARS
"customer service is important, i have increases sales from the previous takeover around 15% people liked to be talked to, plus knowing what they want to make sure I never run out of the local neighbourhood needs" comment to be noted by the seller
- CURRENT INVENTORY IN STORE CLOSE TO $160K
- STORE SIZE IS APPROX 1200 SQFT + STORAGE ROOM
- SITUATED ON MAJOR HIGH TRAFFIC US ROUTE 6
- STORE DOES 60% WINES AND 40% SPIRITS OR LIQUOR
- RENT IS $2,000 MONTH (include garbage pickup, landscaping and water usage)
- LEASE CAN BE GRANTED FOR 5 OR 10 YEARS
- CURRENT OPERATING HOUR 10 AM TILL 9PM
- MAJORITY OWNER OPERATED, FOR WEEKENDS FRIDAY , SATURDAY AND SUNDAY
EMPLOYEE WORKS 3 DAYS (AVERAGE EMPLOYE MONTHLY EXPENSE - $1640 / MONTH )
Growth Opportunities
This turnkey business has significant untapped potential, with straightforward enhancements that could boost sales by an estimated 15% or more. Recommendations for the future buyer include:

Online Delivery Integration: The current owner does not utilize platforms like Uber Eats or DoorDash. Adding these services could increase sales by an average of 15%, tapping into the growing demand for convenient, on-demand delivery.
Lotto Services: Introducing lottery sales, which the current setup lacks, would attract additional customers and diversify revenue streams.