The Transaction: The reason for sale is the sellers' desire to move out of the area. The owner would agree to stay for a reasonable transition period. The asking price is $215,000. Currently, $90,000 in inventory not included in price.
Manhattan Wine Store for $215k
Mostly Absentee Business Model (Owner works 0-8 hrs a week)
Lease: Rent $5,000 per month. annual increase.
New lease available // 600 sq ft + 200 sq ft storage
• Great Location
• Long reputation for fantastic customer service
• Long term lease with favorable terms
• Small footprint / limited expenses.
Grossing $520K annually, Absentee owner store with tremendous upside potential. Good selection of wines and liquor catering the middle class shoppers. Convenience store section with high percentage markup makes for diversified products for sale. 14 door walk in/reach cooler.
And 3 additional reach in free standing unites. Lease rate is $3,000 total a month for 4 more years, and has 3 additional 5-year options. For a total of 19 year lease. Please do not speak to employees. @ $3000 a month rent including CAM. Lease has 19 years left including 3 5-year options.
Growing upper middle class residential/commercial area. New courthouse to be built across the street. Also, new 80 residential rental units to be built next door.
Can add: check cashing, Wick, Deli, Taco counter. Meats (as demanded by customers) etc.
Location, Location, Location!!! Here is an opportunity to own one of the stores that was once an original Dale's Jr's store!!! The Dale's Markets and Dale's Jr's were a very popular chain of Market's since the 1960's with locations through out the San Fernando Valley.
This store is now a liquor store that was once a Dale's Jr. Market. Come and see this beautiful welcoming liquor store in a very desirable area of Sherman Oaks. This "Turn Key" operation has ABC 21 type Liquor license and Tobacco license.
15 year renewable lease option, Buyers subject to approval of landlord. Store has a steady flow of regular returning customers.
Located in a newly developed shopping center close to the city where Manhattanites go for mall shopping experience. It is a destination for shoppers but also provides necessities for locals with tenants that include Apple, Whole Foods, Walgreens, West Med, and LA Fitness.
The store has a huge variety high quality and well-researched wine & liquors from all over the world. Most importantly, after going through an extensive approval process to get selected as the wine and liquor store of choice.
The store lease HOLDS EXCLUSIVITY for packaged wine and liquor in the shopping center and has no competition. Very active E-commerce site with more than 1,500 registered and active customers and hosts in-store wine tasting events regularly .
Liquor store and general market for sale. Located at the bottom of a very busy ski resort. This liquor store does well especially in the winter. Reason for selling is I want to retire.