Liquor Store + Real Estate, Toledo OH, Asking $199,999

Includes Real Estate - Growing Sales - Lucas County, Ohio

Liquor Store + Real Estate, Toledo OH, Asking $199,999
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Real Estate & Business - Priced Right!!!
Toledo, OH (Lucas County)
Seller Financing Available

Asking Price: $199,999
Cash Flow: $63,403
Gross Revenue: N/A
EBITDA: N/A
FF&E: $5,000
Inventory: $60,000*
Real Estate: $150,000
Established: 1961
*not included in asking price.

Business Description

PRICED TO SELL! with Real Estate!!!!

This is a great opportunity to own small liquor store in Lucas County Ohio. The asking price of $199,999.00 includes the BUSINESS and the REAL ESTATE.

The seller is willing to do a land contract with $100,000.00 down. This store is currently doing great numbers and has been improving for the past 3 years.

New owner can increase hours, and add a kitchen to increase sales if desired. The apartment on the second level can be utilized as a rental property, or used as living space for new owner.

* Lottery commission for 2019 was $53,027.
* Mark up on Liquor, Beer, and Wine is 25% average
* Mark up on Cigarettes is 15%

Detailed Information

Location:T oledo, OH
Inventory: Not included in asking price
Real Estate: Owned Included in asking price
Building SF: N/A
Employees: 2FT-2PTFurniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Two level building with 2000 square feet in retail space and 2400 square feet in living space. Currently owner is using the living space for storage.
Competition: This is a neighborhood store that has been there for over 60 years.
Growth & Expansion: New owner could add food, and increase hours to dramatically increase sales.
Financing: $100,000.00 Down, Amortized over 60 months at 6.0%
Support & Training: Seller will train for up to 30 days if needed.
Reason for Selling: Family Commitments

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