$1,300,000.00
Asking Price
Status: Active
Posting ID: 288501
10/20/24
Description
A liquor store business is for sale in Kings County.
The store generates $105,000 in sales per month, with rent set at $7,400 per month. There are 14 years remaining on the lease.
The gas profit margin is 50%, split between the business owner and the landlord.
The landlord is responsible for all gasoline equipment repairs, as well as maintenance of the parking lot, the exterior of the building (including the roof), and the heating/air conditioning units inside the store. The landlord also handles repairs to the walk-in cooler.
Gasoline income averages between $80,000 and $90,000 annually, which nearly covers the rent/lease expenses for the business tenant.
Additionally, there is $2,000 per month in rental income from a drive-thru QSR that the business owner leases out.
The business owner is responsible for payroll, utilities & business liability insurance.
The asking price for the business is $1,300,000, plus inventory.
Please sign the NDA to receive more details.
**"PLEASE DO NOT DISTURB THE BUSINESS OR EMPLOYEES."**
To get more information about this Liquor Store - High Volume, Lease QSR Drive Thru business for sale in Kings County please phone Taj Randhawa (Agent - BRE License #:DRE # 01495361) at 559-394-9000 Cell and 559-394-9000 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #288501 on BizBen.com. In addition to phoning Taj Randhawa, make sure you email Taj Randhawa above to get more info about this Liquor Store - High Volume, Lease QSR Drive Thru, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01495361. REMAX Gold Commercial.
Contact
Details
Asking Price: $1,300,000.00
Down: 25-35%
Cash Flow: Call/Email
Revenue: Call/Email
Area: Kings County
City: None Given
Attributes:
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