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High End Liquor Store Business With Real Estate
Location: United States -> Florida -> Ft. Lauderdale
Industry: Food and Beverage > Liquor Stores




Business Summary

Award-winning, high-end liquor store with real estate for sale. 38 years in same location with established clientele. Property is a freestanding building in corner location of a high traffic area with excellent exposure and visibility. Walking distance from the business, a 5-story residential apartment complex is under construction, anticipating income increase. Price includes: real estate, liquor business, liquor licenses, entire inventory and future extension plans and city permits for construction of cafeteria, and exterior wine by the glass lounge project. Owner has spent over $950,000 on renovations and can provide licensed contractor name and receipts. He will also spend an additional $800,000 for the expansion of the of the wine by the glass lounge and the cafeteria. Construction plans have been submitted to the city for their revision and approval. Just waiting for the approval of the plans to start construction. Also check cashing store inside building is ready for new owner to operate and receive additional income. On 2018 owner made major renovations and upgrades to the property: new roof, new cooler, new tile floors, drop down ceiling, state of the art shelving, landscaping with artificial grass and security system. New kitchen, 2 modern bathrooms, check cashing space with bullet proof glass and door, and wine by the glass lounge were added in the interior of the building. On the west side of the building there is a parcel being used as additional parking lot for the property which is also included in price. Big time money maker! High profit margin! Voted #1 liquor store in Wilton Manor. EB 5 visa eligible. Seller is extremely motivated due to the fact he is relocating to Brazil. Business only also available for $900,500.
The location is a high-density populated area with lots of traffic. Area has a high concentration of homes and condominiums occupied by local owners and tourists who visit the area year after year. Area is booming with growth.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $360,000
Cash Flow:   $215,800
Cash Flow Type:  EBITDA
Inventory:  YES
Seller Financing:  Not Disclosed

About The Business

Year Established:  1981
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  YES
Reason For Selling:  OWNER IS MOVING

Photos

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High End Liquor Store Business With Real Estate Photo 1 High End Liquor Store Business With Real Estate Photo 2 High End Liquor Store Business With Real Estate Photo 3




Print Listing Id: 700333728
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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