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Established Package Store with Real Estate

Georgetown, Delaware (Sussex County)

Retail - Liquor Stores | Retail - Other Food Stores

Asking Price $1,500,000 Inventory $400,000** 
Gross Income $1,400,000 Real Estate $700,000* 
Cash Flow $250,000 Year Established 1992
FF&E N/A Employees 5

* included in the asking price

** not included in the asking price

Long standing business on busy corner highway to the beach. Has been in business for over 20 years with current owner. Room for possible expansion or investment property. Current owner has been absentee for five years. Buyer will need to be able to qualify for liquor license transfer.

Facilities: One retail building of 3,600 sq feet with an adjacent building which can be used as residence or investment property. Could also be used for additional expansion/warehouse space. Seller has design for future expansion.

Competition: Great location on busy highway. Easy access on and off highway. Close proximity to beach and one block from college.

Growth/Expansion: Additional room for expansion with adjacent parcel and house - zoned commercial. Design created for expansion by seller.

Support/Training: Owner is absentee. Current staff in place runs business. Owner will provide support for limited time.

Reason Selling: Health

AD # 383544

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