Description Profitable liquor store for sale in busy foot traffic minutes away blocks from a major highway. Large grocery store across the street and many other businesses on the same block including a bakery and Chinese take-out
1,800 sq ft liquor store has lotto and is near a major highway in a busy foot traffic neighborhood.
Gross sales $540K Lotto commission $32K, Net income is over $170K per year.
Rent only $2800 per month!
Asking price is $220K
Inventory is separate; currently approximately $80K
I can show this store anytime
Gross income including Lotto $572,000
Net profit: $170,420
EXPENSES:
Cost Of Goods $240,000
Lease $33,600
Sales Tax $90,000
Insurance $2,500
Phone & Cable $1,440
Trash $1,440
Water $1,800
Payroll $20,000
Electricity $10,800
Total expenses: $401,580
Please no brokers. Serious buyers only! Selling Price: $220,000