Urgent Sale - Low asking price profitable Liquor & C-Store for sale

Hagerstown, MD

Seller Financing Available

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Asking Price:$330,000
Gross Revenue:$600,000
Rent:$2,000/Month
Established Year:2004
Cash Flow:$110,000
Inventory:$180,000
FF&E:$10,000
BUSINESS DESCRIPTION

Absentee owner liquor & convenience store needs to sell urgently

Very lucrative absentee owner liquor & convenience store needs to sell urgently due to manager health issue. Located in Washington county with very dense residential neighborhood. Sale can be increased with better management in place. The business has been at this location for over 20 years. Seller financing available for qualified and experienced buyers with at least $330K down payment. Serious inquiry only.


DETAILED INFORMATION
Location
Hagerstown, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
31/10/2030
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The lease is $2,000 per month, NNN. Owner is willing to negotiate new lease terms.
Competition
No liquor & convenience store with similar set up in the area.
Growth & Expansion
The business can be improved with proper management.
Financing
Owner financing available for qualified and experienced buyer at market rate.
Support & Training
Training can be negotiated.
Reason for Selling
Currently, the store is absentee owner and store manager has health issue.
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Kim Tan
Kim Tan