Property ID : LB22.221
For Sale $450,000.00 - Liquor Store
DESCRIPTION:
- High volume Wine and Liquor store, located on a very busy road in a suburb just west of Rochester, NY.
- Situated as an anchor of a major plaza.
- Established in 2009, this store has seen yearly increases in revenue.
- Modern, organized and well-maintained store.
- 3,000 square foot facility, including a 600 square foot storage area and private office.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, Fixtures and Equipment, valued at $20,000
- Inventory, valued at Seller’s cost of $225,000, is not included in the asking price.
LEASE ARRANGEMENTS:
- Gross rent is $4,112.70/month.
- Current lease expires in 2020.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
| 2018 | 2017 | 2016 | |
| SALES | $1,201,597 | $1,184,854 | $1,170,832 |
| SDE | $ 107,515 | $ 104,219 | $ 100,208 |
PRICE/FINANCING:
- Asking price is $450,000, plus inventory.
COMMENTS:
- Great opportunity to own a high-demand, successful business.
- Store can easily be converted to a full Discount Liquor concept by opening up the large storage area.
