Liquor Store for Sale
Essex County, Massachusetts
Listing Number: 1305
Financial Information
Asking: $449,000
Gross: $1,150,000
Cash Flow: $125,000
Inventory: 80,000 (not included in price)
Summary Description
A well-established liquor store north of Boston is available for sale! This store is located on a highly trafficked road and is popular among local residents. 2011 revenues were $1,150,000 with a seller's income of approximately $125,000. The current owner works 25 hours a week handling general business management duties, and very rarely works the register. This is a fantastic opportunity to purchase a very successful liquor store in a great location with low overhead costs! A full-time working owner could increase his income by working in the store running the register.
This store has a full liquor license and sells liquor, beer, wine, convenience items, cigarettes and lottery. It is located on a high-traffic road in a large shopping plaza with plenty of parking.
General Information
Facilities: The store occupies 2,000 square feet of space plus an owner's office and storage. There is a long-term lease in place and low rent of only $3,500 per month. The Seller believes the landlord will negotiate a new, similar lease or lease assignment with a buyer.
Support/Training: Seller will provide necessary support and training.
Reason Selling: To focus on other business interests.
Year Established: 1988
Employees: 8
Contact Information
Contact: Sarah Grossman
Phone: 617-562-5700
BayState Business Brokers, 61 North Beacon Street, Suite 203 Boston, MA 02134
T: 617-562-5700, F: 617-562-5701
info@mabusinessbrokers.com