Frank's Liquor Store

Description:

Why You Should Buy a Liquor Store When The Economy Is Challenging:
#1 reason is that it's one of the most Recession Proof businesses you can own.
#2. Low Competition Due to ABC Regulations;
#3. Shelf Stable Inventory;
#4. Year-Round Demand;
#5. No Need to Advertise.
Frank's Liquor Store has been in business at the same location for nearly 50 years. The current owner has operated there since 1993 and is ready to retire. He's willing to negotiate training time for a newcomer to the business. This is a small store, with entrances on two sides, and less than 1000sf, with good inventory turnover. There is more than adequate storage area. Lots of street and municipal parking around the store, including temporary parking in front. A new five year lease is in place starting 2/1/26 with annual 3% increases.
--The new business owner must be approved by the landlord of the property prior to sale.
-- Prospective buyers may visit the store--discreetly, please! Do not engage in conversation with the owner, his employees or customers.
--Call listing agent for income data.
--List Price Excludes : Inventory to be valued at transfer.
--List Price Includes : Good Will, Covenant not to compete, Type 21 license, fictitious business name, licenses and permits, fixtures and equipment. Some owner training may be negotiated if desired.