Highly Profitable Liquor Store, New London.
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Asking Price
$339,000
Detailed Information
New London County, CT
Business Description
This popular liquor store in New London County, CT boasts strong profitability and a prime location in the busiest plaza of town with high visibility and ample parking. With retail sales nearing One Million per year, there is substantial room for growth—annual sales have been increasing steadily by 15 to 17 percent. The store's 5000 sq feet space is positioned adjacent to TJ Maxx and Aldi, and is currently operated semi-absentee by the present owners. Despite its success, the store is currently underutilizing its potential due to a lack of online marketing and delivery services. The lease terms are favorable, with a base rent of $4800 plus CAM charges and a long lease term. The owners are seeking to sell due to a relocation, and interested buyers must provide proof of funds. A personal visit to the store is encouraged to fully appreciate the opportunity. This thriving liquor store offers a promising investment for a motivated owner-operator looking to capitalize on its established success and prime location in a high
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