Liquor Store and Market
- Status: Sold
- Price: $500,000
Kyan Soleimani
- License No:
- DRE #01927280
- Email:
- kyan@lbaweb.com
- Office:
- 616-816-1141
- Mobile:
- 424-542-1402
Description
This is an amazing opportunity to buy and run this established liquor store in the heart of the well populated City, Located in a very busy strip mall, and walking distance to both another shopping mall and a huge Marketplace.
The business is in very close proximity to many eateries and shopping/entertainment places
This is a can’t miss and rare opportunity to own and run an established liquor store.
- Business does very well; per seller, business grosses roughly $70k-$75K in monthly sales
- Per seller, 13 years left on the lease; 3 years left on current term plus two 5-year options
- Proximity to major malls and location in strip mall provides business with a lot of drive-by traffic
- Purchase price includes cigar humidor, all fixtures, most equipment (possible exceptions being a small champagne cooler, a computer, and a couple electric signs used for décor)
- Sells Tobacco and tobacco products as well
- There is plenty of parking for the liquor store in the lot
- Base rent is $4,500/month; NNN $6,000/month per seller. Price does not include Inventory.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Liquor Store and Market
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:
6365
Date Available:
04/26/2022
Reason For Sale:
Financial Information
- Annual Total:
- 900,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 4,500/m
- Lease Expires:
- 2025
- Lease Option:
- 2 x 5 years option
- NNN:
- 6,000/m
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: