NE - Retail FOR SALE


Wichita, KS 67206- East Wichita
$550,000 USD
316-867-3600
NE, Wichita, KS for Sale
$550,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate


HIGHLIGHTS

  • Turnkey Liquor Store
  • Going Concern Business
  • Assumption of Existing Lease

OVERVIEW

Incredible turnkey business opportunity ready to go from day one!!!! Step into a well-established, fully operational liquor store in a prime, high-traffic location. At $550,000, $400,000 of that is inventory that transfers!!! Essentially an investor or entrepreneur is paying just $150,000 for the business. This is an excellent chance for a qualified investor or operator looking to step into a profitable, fully operational business in an excellent location. No need to stock up or ramp up - it’s already done which is a huge time saver. Location and Lease: This liquor store is in a high-traffic area with excellent visibility and accessibility. The current lease agreement extends through 2028. At the end of the lease term, you will have the opportunity to negotiate a new lease with the landlord. The ability to transfer the lease to a new owner is contingent upon obtaining written consent from the landlord. Assets Included: The sale includes all furniture, fixtures, equipment, and other business assets, ensuring a smooth transition for the new owner. All essential components required for the ongoing operation of the store will be conveyed with the purchase. The purchase price is for the business opportunity and the inventory at the time of the sale (subject to ABC approval). Confidentiality Agreement: To obtain detailed information such as pricing, inventory, tax returns, and a copy of the lease, interested parties must first complete a confidentiality agreement. This step is crucial to protect the current business operations and sensitive information. Inventory Details: Once the confidentiality agreement is signed, you will be provided with a personal property inventory and liquor store inventory. Additional Expenses: The lease arrangement includes additional rent from the tenant, which covers a portion of real estate taxes, insurance, and common area maintenance expenses. This liquor store represents a prime opportunity for anyone looking to enter or expand within the retail beverage industry. With its established customer base and excellent location, this business is well-positioned for continued success.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey Liquor Store

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

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Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.