This liquor store is been in the same location for over 40 years and the seller has owned the business since 2007. The store is operated by 3 people- the 2 owners and one full time employee.
There is a new 10 year lease in place with a very reasonable rent of only $2,200 for 2,200 square feet with a full basement.
The breakdown of the store is as follows 50% beer , 25% wine and 25% liquor and liquor the gross profit is around 25% plus according to the seller, and the store has huge potential for future growth and the gross profit could be easily increased due to its clientele if the inventory is purchased at the right time.
The business is only open 6 days a week and its closed on Monday, creating the potential to increase sales by approximately $1,500 per week ($78,000 a year).
The store is been upgraded with all new energy efficient fixtures, and a brand new heating system. For more information please refer to listing #12683.