Description High Volume and Profitable Liquor Store for sale with good financial history established over 25 years. Great income streams with room to add more, like check cashing . Located in Howard County, MD.
Asking Price: $700,000
Revenues: $1,000,000
Cash Flow: $247,000
Lease: $6,100/Month 9 Years Remaining W/ Two 5 Years Options No Rent Increase For next 4 Years
Reason for Selling: Has other business interest
Entity : MD Corporation
Number of Employees: 2 FT and 2 PT
Payroll: $6,000/Month
Licenses: Liquor Howard County
Parking: Parking in Front of Store
Hours: 10 am - 10 pm Monday through Thursday 10 am - 2 am Friday and Saturday
Building Size: 4,460 sf.
Utilities: $1,100/Month
Equipment: See List
Inventory: $100k
One of the Largest Selections of Fine Wines and Beers in Howard County. Net profit averages 30%. Great Potential for late night business, Fine Wines, and Craft Beers. Recently renovated and updated located in Strip center.