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Business for Sale Summary

Lucrative Liquor Store for Sale in Maryland - 36126

Business Type: misc. retail/non-classifiable,other eating & drinking places,other personal services,liquor store/ wine
Lucrative Liquor Store for Sale in Maryland
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This business has received 149 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,750,000 Down Payment $1,750,000
Gross Revenues $3,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $570,000 Number of FT Employees Register Free to View

Financing

$1,750,000 Down and cash offers only

Business Description

Phenomenal liquor store for sale! This community staple has been in business for 20 years. The current owner must sell due to a dissolving partnership. The store boasts a whopping 5,000 sq ft of floor space, selling 40% wine, 30% beer and 30% spirits. There is a newly signed 10 year lease with a 5 year option with $12k in monthly rent. The business has stellar reviews across all platforms and currently has 3 full time employees. The store will regain its Maryland Lottery Super Agent status in 3 months with the ability to sell scratch-offs, Mega Millions, and Powerball generating an additional $100k yearly in commissions. The location is optimal, near a shopping center and primed for the spring and summer months. The transfer of the liquor license will take 30 days with all paperwork in place. Team will stay on for a few weeks of training post sale. Inventory to be paid in full at closing. Proof of funds will be required prior to meeting with the owner. All site visits must be discreet, please do not speak with anyone when visiting the location. All meetings must be by appointment only! Don't miss the opportunity to own this powerhouse - it won't last long. Due to issues with the previous owner, the current owner is only accepting cash offers! Contact the broker Sheree Jones at 301-440-1114.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.