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Boston Area Liquor Store with Low Rent

Boston Area Liquor Store with Low Rent
Listing:
1643
SOLD!
$300,000 Owner’s Cash Flow
Acquired By:
Industry Buyer
Middlesex County, Massachusetts
Revenue:
$1,600,000
Cash Flow:
$300,000
Asking Price:
$995,000
Sold Price:
$975,000 + Inventory
Business Description:

A high-volume liquor store, with very low rent and overhead costs is available for sale! This store is located in an urban location outside of Boston with a high population count, especially among young adults ages 25-35. The owners have grown the business year over year, and in 2019 they grossed over $1,600,000 in sales with an owner’s income of nearly $300,000. Year to date through April 2020, the business grossed almost $700,000 in the first four months of the year.

The store sells liquor, wine, beer, cigarettes, lottery and select snack items and carry a wide selection of products. They sell many small sizes such as nips and pints, which have higher margins. They do 30% of sales through delivery service, which has been increasing in recent months.

The rent is very low at under $3,000 per month and there is a long lease in place. A new owner can assign the current lease or sign a new lease with the landlord.

Support & Training:

The sellers will provide necessary training and support to ensure a smooth transition.

Reason Selling:
To concentrate on other business ventures
Broker:

Sarah Grossman

  • Boston Area Liquor Store with Low Rent

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