Liquor Store & Real Estate

File# C2469
Location: Southgate
Business Price: $260,000
Down Payment: $100,000
Monthly Payment:$1776.33
Interest Rate: 6%
Amortization Period:120 months
Gross Sales: $751,316
Source: 2017 Tax return
Cash Flow: $64,345
Source: 2017 Tax Return
Inventory: $175,000
Days Open: 7 days
Business Hours: Mon-Thurs 10-10, Fri-Sat 10-12, Sun 11-9
Seats: NA
Parking: ample
Licences Required:Sales Tax, Lottery, SDD, SDM
Year Established:1977
Year Acquired: 2006
Building Price:$500,000
Building Terms:New Mortgage - Cash

Profile:

This is a great opportunity to own a very successful liquor store with pizza & deli in a very busy area of town. This store may be purchased with the building & real estate or lease the building from the owner. The store interior & exterior was remodeled recently and looks great. The store has a full line deli serving homemade fresh subs, deep fried items, and fresh baked pizza, ribs, wings, seafood, fried chicken & salads.
The store also offers many services such as check cashing, western union, money orders, Bit Coin vending machine, ATM machine, propane tanks, fire wood and much more. Lottery and lotto commissions for 2017 were $33,925.00. The store has much room to grow in business with a new owner starting a catering program, a website and a creative promotional marketing program. The store is 4600 square feet with new decorative ceramic tile floor through-out. The deli is very large and has a full line of cooking equipment including a 4 door Bakers Pride pizza oven, large floor model dough mixer, double basket deep fryer and much more. The deli alone is another full business inside of the store with huge potential.
Don’t miss out on this great opportunity! Call today to make an appointment to tour and purchase this great business opportunity. Won’t last long, price to sell.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.