Full Liquor Store in An Upscale Community For Sale
Excellent Location on Heavily Traveled Road
Essex County, Massachusetts
Listing Number: 1563
Asking Price: $249,900 (+inventory)
Gross Revenues: $647,895
Owner's Cash Flow: $83,000
This is a great opportunity to own an established business in an affluent area. A new owner or an entrepreneur could run this full liquor store business themselves or with very little part-time help.
This liquor store has higher than usual gross margins. It has a large 11 door walk-in beer cooler and 6 chilled wine coolers. The store is in a busy shopping plaza adjacent to Shaw’s Supermarket.
There is a redemption space next door as you enter which is run by the market. There are several A tenants also located in the plaza like GNC, Starbucks and McDonald’s to mention a few.
The business is in a 1450 SF space with rent of $4229 per month plus prorated CAM costs. The current lease expires in 2022. The plaza is less than a mile from interstate 95 exits and on a highly traveled road with plenty of parking in front of the store.
Growth and Expansion Opportunities
The new owner could immediately add daily traffic by adding the Lottery to the store. Marketing, promotions and product tastings, such as craft beer, wine events and new liquor introductions could create this as a destination store. A new store layout with displays and having product knowledge will greatly increase customer loyalty and drive sales.
Employees: 1 FT / 1 PT
Support & Training: The sellers will provide necessary support and training.
Reason Selling: Life Style Change