How many highly successful 7,600 square foot wine & liquor stores do you know of that come with 33 years left on the lease, let alone where the rent escalates only once every 5 years? All financials can be verified and cross-referenced between tax returns, the POS system and a manual day book. Established 11 years ago, sales and profits continue to grow and that's without offering lotto, nor making any local deliveries, which would be a cinch for you to add. Furthermore, tremendous upside exists to get into the internet delivery business of wine and liquor from this location, given its extra warehouse space and the loading dock from which on-line orders can be fulfilled. While the owners are not at all desperate to sell, they will entertain offers starting at $2M or more, plus inventory. They believe that their extra-long lease justifies a better than average multiple for this business. Please be prepared to provide Proof of Funds of at least $2.4M before being introduced to the owners. Do be very discreet when visiting the store, as its employees and customer do not know it is for sale. Please contact listing broker Jay Goldman at 1-877-735-5224. when you are ready to take the step.
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