Plaza Liquor Store with Zero Rent 1st year
- Listing Id: 9663
- Broker Name: Steven Pappas
- Category: Liquor Stores
- Asking Price: $100,000.00
- EBITDA: $52,000.00
- Real Estate: N/A
- Cash Flow: $52,000.00
- Inventory: $45,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $321,000.00
- FF&E: N/A
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Hartford County
- State: CT
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Absentee owner is selling this newer liquor store on a busy road in Hartford County. 3,000 sf store located in a shopping plaza that includes Sleepy’s, subway and edible arrangements and more. The owner’s family owns the shopping plaza and is willing to provide a new owner rent free occupancy for year #1 and only $1,000/m for years 2-4, $1500 in year 5. This will allow the new owner to build the business. Longer lease terms can be negotiated. This store cost the owner over $150,000 to open this store not including inventory. What I believe the store needs is a hands-on owner manager, increased inventory and a marketing/advertising program. Great deal, especially with no rent for a year. Contact Connecticut Liquor Stores for details.
Financial Summary
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