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New to Market - Liquor Store with Property

Connecticut (Hartford County)

Retail - Liquor Stores

Asking Price $2,750,000 Inventory $600,000** 
Gross Income $1,500,000 Real Estate  
Cash Flow $330,000 Year Established 2004
FF&E $100,000* Employees N/A

* included in the asking price

** not included in the asking price

Great business for sale

Here it is...Outstanding opportunity...Liquor store has been in this location for many years. Owner purchased business in 2004. In 2006 owner built brand new building and closed the business for three months to complete construction. Beautiful building and property on corner of heavily traveled road. Owner put in $2.1 Million to buy the surrounding properties to have enough room to build. Two houses on property that pay $950.00 per month in Rental income. This store will do over $2.5 Million and possibly $3.0 Million if run properly. Store is always busy. Owner will offer up to $500,000 in seller financing to qualified buyer.

Facilities: Brand new building and driveway. 2590 square feet on the sales floor, 2590 basement storage with Bathroom, and 400 square foot office upstairs with windows to oversee entire store. Excellent location on heavily traveled road with easy access to building. Blue collar area.

Growth/Expansion: New Store has been open about 5 months and is already doing $30,000 per week plus lottery. Needs a website and will naturally grow.

Financing: Owner will offer up to $500,000 in seller financing to qualified buyer

Support/Training: Owner will provide smooth transition

Reason Selling: Owner needs to liquidate for another investment

AD # 375673

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