Address Not Available
Description
This is excellent opportunity to own this very successful liquor store with high sales volume of with current owner. Prime SW location, very busy Shopping Centre and wide range of residential communities surrounding with established and loyalty customers for many years. Hugh selection of beer, wine, and alcohol - spirits, very functional set up of cooler system. After 31 years successfully running this well-established liquor store at the same location, the seller decided to retire. Lease premises: 1,837 sq.ft. Current Rent and Additional Rent = $10,668.72/month. Basic Net Rent: $6,888.75 ($45/sq.ft) from December 1, 2023 to November 30, 2025. $7,041,83 ($46/sq.ft) from December 1, 2025 to November 30, 2028. Lease with option to renew for further 5 years term. Financial statements will be provided to qualitied prospective buyer after viewing, who is interested and willing to proceed further with an offer. Annual Gross sale: Year 2020: $1,740,320, Year 2021: $1,555,189, Year 2022: $1,430,999, Year 2023: $1,355,155. INVENTORY IS NOT INCLUDED IN BUSINESS PURCHASE PRICE (current inventory is approx. $400,000.00). For showing and address to be provided only after signing confidential agreement.
Listing Information
For fast response, please email us via the “Inquiry Via Email” button with your contact information.
Listing MLS#:A2195663
Address Not Available
Liang Commercial Real Estate
To purchase a business or property, please visit "Our People", to find a commercial expert who specializes in the type of business or property you are looking for, speaks your language, and has an office in your city.
This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX House of Real Estate" listing brokerage.
Google map
