Business Summary:
A 2000 s.f. liquor store on a highly traveled road. This is a highly inventoried store with an operating inventory of approximately $125,000. Owner states that he operates at around 25% gross profit margin, and a significant portion of business being wine. Inventory which can be lowered to $100,000.
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| Facilities / Terms of Lease:
There is a long term lease in place that with options will run through November 30, 2020. Presently rent is about $2,830/mo. with tenant paying 50% of real estate taxes. There are annual increases in the base rent of 2 ½%. Lease states that at no time will lease exceed $19.50/s.f.
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| Owner
willing to train:
Owner will advise. |
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| Reason for selling:
Family relocating. |
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Seller Reference Number: 1369RF
BusinessMart.com Listing Number: 96768 |
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