Retail - Liquor Stores

Asking Price	$3,900,000	Inventory	$250,000**
Gross Income	$2,450,000	Real Estate	$2,525,000*
Cash Flow	$460,000	Year Established	70
FF&E	$667,000*	Employees	5

* included in the asking price

** not included in the asking price

Great business for sale

Superb liquor store,very clean and well organized. Must see this store, truly well run with mostly absentee ownership for the past three years. This store sales velocity continues to grow in 2008 despite the soft market conditions. Main Building recently has preliminary approvals for 20 unit condos , approvals seems imminent according to professionals, this si an added value and seller is not asking for any compensation for this bonus. Exellent small strip mall in heavily travelled area. solid tennant base , most units have 1800 sq ft of space with profitable businesses. do not approach any of the tennants . there are 7 tennants in the small building and 4 tennants in the main 10,000 sq ft building . Liquor stores are exceptional, strong average gross profits of 23%+ with sales velocity increases 35 months out of 36 months in the past 3 years. Very clean and well organized with a great selection has made this store a simple success. Prospective purchasers must send qualification letter prior to receiving financials

Facilities: 11 units with anchor liq store in busy middlesex county. additional 3/4 acre lot can be developed for additional retail use for ban or dd. Liquor store business Grossing 2.2 mm. property was appraised dec 2007 2,525mm

Competition: Center of town location,heavy local demographics. strong anchor and great mix or local retailers , bagel shop/ice cream/pizzeria/ect.,

Growth/Expansion: Same usage for 30 years

Financing: Conv with 900,000 down

Support/Training: Willtrain for lqi store operations

Reason Selling: moving to Georgia