Established Wine & Beer & Deli store in central location, Maryland

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Asking Price:
$220,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Perfect opportunity to own well established Beer & Wine & Deli store conveniently located in Rockville, Montgomery County, Maryland. This business is in a PRIME location and easy for the customers to access. The current owner has been operating the business for over 23 years with annual average sales $830,000 and Gross Income Projection 27%. The business continues to demonstrate steady year to year growth in revenues and profits.
Total Rent is $9200 monthly for the floor size of 2000 sqft. Current Lease ends 07/31/2021. Landlord will renew lease for the new owner. Shopping center has a REDEVELOPMENT clause after 12/31/2024.
Store can do a Deli for extra income(restrictions apply).
Inventory is Separate and NOT included in price.
Sale price includes FF&E.
All details on this opportunity will be provided with a signed Non-Disclosure Agreement & Buyer Qualification Profile. Sellers Financials will be provided to interested buyers after buyers financials have been reviewed. Call or email today for more information, contact alternative agent Jai Kim at 202-425-8321 or email jmbretail@gmail.com

About the Business

Location:
Rockville, Maryland
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$9,200.00 Per Month
Lease Expiration:
7/31/2021
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner will provide training during the business transition time.
Seller Financing:
Landlord will renew lease for the new owner. Shopping center has a REDEVELOPMENT

Listing Info

ID:
1637638
Ad Detail Views:
0

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Business Listed by

Olga Golikova

Kemper Morgan Realty

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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