Wine and Beer Store

Montgomery County, MD
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Asking Price:$589,000
Inventory:$90,000
FF&E:$40,000
Gross Revenue:$534,000
Rent:$7,800/Month
Established Year:2006
BUSINESS DESCRIPTION

Retail Business in Great Location

Wine and Beer Store strategically located serving the Potomac/Bethesda area in Montgomery County, Maryland. Store is well stocked with 2300 SF with a 20 year history of established customers. The store includes Lottery and is located in a busy retail area.


DETAILED INFORMATION
Location
Montgomery County, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,300
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Store is 2300 SF
Competition
Wine and Beer Store strategically located serving the Potomac/Bethesda area in Montgomery County, Maryland. Store is well stocked with 2300 SF with a 20 year history of established customers. The store includes Lottery and is located in a busy retail area.
Growth & Expansion
There are 4,100 additional residential units approved and/or under construction within a mile, most notably 340 units next door opening this year. This growth complements the 47,000 existing households within 3 miles. Lottery Sales were $525,000 for 2023, with commission of $52,238.
Support & Training
Two weeks training
Reason for Selling
Owner Retiring
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David Edgerley
Scheer Partners
David Edgerley