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Turnkey Liquor Store NE

2,800 SF Retail Building Wichita, KS 67206 £572,757 (£205/SF)

Investment Highlights

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

Executive Summary

We are pleased to present a unique turnkey opportunity for acquiring a well-established liquor store, offered as a going concern business. This is an excellent chance for a qualified investor or operator looking to step into a profitable, fully operational business.
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.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Retail
Building Size
2,800 SF
Year Built
2001
Price
£572,757
Price Per SF
£205
Tenancy
Single
Number of Floors
1

Nearby Major Retailers

Whole Foods Market
P.F. Chang's
Red Robin
Grimaldi's Pizzeria
Pure Barre
Orangetheory Fitness
The Old Spaghetti Factory
Commerce Bank
Bonefish Grill
Firebirds Wood Fired Grill
  • Listing ID: 33363050

  • Date on Market: 01/10/2024

  • Last Updated:

  • Address: NE, Wichita, KS 67206

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