Well established liquor store located in a first-tier South-East suburb in Dakota County. The store is strategically located in a high traffic, very desirable location. The store was established 33+ years ago. The store is very well run and operates with state-of-the-art equipment. Gross sales are approximately Beer 36%, Liquor 28% and Wine 21%. The owners do not work the business but over-see the operation. This is great owner-operator opportunity
Well Established Liquor Store – 33+ years -SOLD
Asking Price: | 298,000 |
Categories: | |
Posting Date: | 12/09/2019 |
Gross Sales: | 1,600,000 |
Cash Flow: | 145,000 |
Facility: | The store is located in strip mall adjacent to major grocery store with no immediate competition. The square footage of the store is 4200 square feet. Current base rent is $7,000 and the lease expires in 2024, with a 5 five-year option. The facility is well-kept. |