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Folsom, California
Retail
1 result for "Retail" businesses in "Folsom, California"
Folsom, California
Retail
1 result for "Retail" businesses in "Folsom, California"
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Folsom, California
Liquor Store
$ 119,000
Presenting a lucrative opportunity to acquire a high-end liquor store strategically located in the thriving retail hub of Folsom, California. This business, with its reputation for premium products, is positioned for significant growth under a dedicated owner-operator. The store operates in a 1,200 square foot premises, with a monthly rent and NNN cost of $4,200. Benefiting from over $300,000 in refurbishments since the current owner took over, the store has been tastefully designed to attract an upscale clientele. Despite the owner's absenteeism, the business has a robust monthly payroll of $5,000, suggesting a well-staffed operation. The asking price of $119,000 does not include an inventory valued at approximately $150,000. However, the owner is offering flexibility by agreeing to remove any unwanted stock, allowing the incoming buyer to customize the product range to their preference. This opens up vast opportunities for expanding the product line to include cigarettes, cigars, complementary foods, and lottery tickets, which could significantly boost sales. With a valid liquor license included in the sale, the business is primed for immediate operation. Additionally, the current owner is downsizing and is highly motivated to ensure a smooth transition, offering comprehensive training if needed. With a strong foundation, excellent location, and significant growth potential, this business represents a compelling investment. Don’t miss this rare opportunity to acquire a vibrant retail business in Folsom. Contact Abby Nakjavan today
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