Liquor Store With 2.2 Million Sales & Great Lease For Sale
Description
Sales are up every year. Store did 2 million in 2007 and will do 2.2 million in 2008. The store is 5,625 square feet. Total rent is $4,700/mo. the next 4 years, $5,100/mo. the following 5 years and $5,500 the final 5 years! Well below market rate.Included in asking price
Furniture / Fixtures included
Sales Revenue
1200000
Net Profit
305000
Years Established
1978
Employees
10
Trading Hours
9a.m. to 10p.m. Mon.-Thurs., 9-11 Fri. & Sat. & noon to 6p.m. Sunday
Location
Located in a strip of stores on a busy numbered street.
Expansion Potential
Continued strong management will keep the sales going up.
Competition/Market
Average, but none is new.
Support/Training
Whatever is reasonable.
Reasons for Selling
New venture.
Finance Available
SBA or Bank
Furniture/Fixtures Value
$150,000 (included in the asking price)
Inventory/Stock Value
$200,000
Tenure
Leasehold
Lease Terms
5,625 square feet. Total rent is $4,700/mo. the next 4 yrs., then $5,100/mo. for 5 yrs. and then $5,500/mo. the following 5 years.