This is a very profitable liquor store available in a desirable area. Sales are consistent year over year. Property is a standalone building in a shopping center, with ample parking made specifically for the store. Location has been open for 17 years, giving the new owner established credibility in the area and an already built-in base of regular customers. Reason for sale is the owner has decided to retire. Location is fully loaded with new coolers, shelves, wine racks, and room for storage.
This store already does amazing business, but the growth opportunities are plentiful for the new owner! Store can still establish local marketing, increase open hours, add doordash/ubereats delivery, host tastings or events, bring in an ATM machine, all of which will grow the store tremendously!
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $999,999 | $999,999 | $999,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.336% | 6.348% | 6.201% |
Monthly Tax Payment | $1,754 | $1,754 | $1,754 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,157 | $6,157 | $8,439 |
Total Monthly Payment | $8,036 | $8,036 | $10,318 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.