Boston Area Liquor Store with Low Rent For Sale
$300,000 Owner's Cash Flow
Middlesex County, Massachusetts
Listing Number: 1643
Asking Price: $995,000
(PLUS appx. $150,000 of inventory)
Gross Revenues: $1,600,000
Owner's Cash Flow: $300,000
A high-volume liquor store, with very low rent and overhead costs is available for sale! This store is located in an urban location outside of Boston with a high population count, especially among young adults ages 25-35. The owners have grown the business year over year, and in 2019 they grossed over $1,600,000 in sales with an owner’s income of nearly $300,000. Year to date through April 2020, the business grossed almost $700,000 in the first four months of the year.
The store sells liquor, wine, beer, cigarettes, lottery and select snack items and carry a wide selection of products. They sell many small sizes such as nips and pints, which have higher margins. They do 30% of sales through delivery service, which has been increasing in recent months.
The rent is very low at under $3,000 per month and there is a long lease in place. A new owner can assign the current lease or sign a new lease with the landlord.
Support & Training: The sellers will provide necessary training and support to ensure a smooth transition.
Reason Selling: To concentrate on other business ventures