Liquor stores are tried and true, and this liquor store and market has been in business for 35+ years. Located at a busy signalized intersection, it serves the surrounding area which is a primarily residential neighborhood, with additional homes under construction. It is located on a major, well-traveled street, with excellent parking and easy access from the roadway.
The Seller has recently upgraded the store's equipment, including 17 new door walk-in cooler doors, a new compressor unit, and new air conditioning. With 4,000 sq. ft.store on a great fixed lease, the store has plenty of floor space and storage for new business.
The current owner has multiple stores, and is downsizing to simplify management. The current store is absentee owned, run primarily by the existing employees. It grosses approx. $70K/mo. when operated this way; a new Buyer who is an owner-operator can reduce employee payroll by operating the store. Additionally, a new owner-operator can add higher-margin services such as check cashing, money orders, and money wiring, none of which are in place now. Plus, add a meat department, produce aisle, or hot food-to-go station for additional profits!
This is a great neighborhood liquor store, simply waiting for a Buyer to take it to the next level. Is that operator you? Don't miss out on this excellent opportunity; contact the Agent today.