Turnkey Liquor Store in the Greater Boston Area For Sale

Reasonable Rent Under $3K per Month 

Liquor - Beer Wine Spirits

Essex County

Listing Number: 1670

 

Financial Information

Asking Price: $395,000
Gross Revenues: $700,000
Cash Flow: $88,000

Business Description

An established liquor store, with reasonable rent and overhead costs is available for sale! This store is in one of the most densely populated communities with an average age of under 35 years old. This store has ample parking with many nearby businesses that drive active foot and car traffic. The lottery provides a constant flow of loyal daily customers. This business has done well through the COVID pandemic and is considered essential.

The store sells liquor, wine, beer, cigarettes, lottery and select snack items and carries a wide selection of products. They sell small sizes such as nips and pints, which have better margins.

The rent is low at under $3,000 per month and there is a new lease in place. A new owner can assign the current lease or sign a new lease with the landlord.

Growth and Expansion

This store provides several growth opportunities for an enterprising new owner. For instance, rearranging the retail floor area and expanding the cooler space and grocery display areas can help maximize traffic flow and increase the variety of products available, to grow overall sales. Hosting in-store wine and beer tasting events could also increase interest and bring in new customers.

A new owner can add online ordering, delivery and curbside pick-up which will probably be a continued source of revenue. Corporate delivery service could be added by buyers who can target other local businesses that need alcohol for parties and events.

Support & Training: The seller will provide necessary support and training.

 

Contact Information

Brian Labonte
info@mabusinessbrokers.com