Property ID : WSD24.333
For Sale $774,900.00 - Liquor Store
DESCRIPTION:
- A Modern Wine and Liquor store, located in the Finger Lakes NY Region
- Situated as an anchor of a major plaza with plenty of parking
- It is a nicely laid out, organized, and well-maintained store.
- Newly refurbished facility completed in 2021
- This store has 3,493 square foot which includes a storage area and private office.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, Fixtures and Equipment, Fair Market Installed Value of $ 30,000
- Wine and Liquor Inventory, valued at Seller’s cost of $ 250,000
LEASE ARRANGEMENTS:
- Current Base rent is $ 3,260 per month with additional Triple Net Charges
- A 5-year option to renew will be offered by the landlord to the Buyer of this business
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
2024 2023
Sales $ 1,438,892 $ 1,352,696
SDE $ 186,586 $ 100,773
PRICE/FINANCING:
- The asking price is $ 774,900 which includes $ 250,000 in Wine and Liquor Inventory at Cost
COMMENTS:
Great opportunity to own a well-established and successful business.
Installing Lottery Scratch-Off Machines and Increasing Lottery Tickets sales will increase additional income.
