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Profitable potential is there for established liquor store - $75000
Sold as Durham Liquors in 2001. Owner on disability and health condition prompts sale. 90% of sales in liquor, half of that in half-pint bottles. Wine mark-up 40%, liquor 30%. Tried lottery for brief period. Terminated lottery sales because of nearby competition. Never tried check cashing but gets many request for check cashing.
Sales Price $ 75,000
Established: 1958
Reason for sale: Retirement / Health
F.F.&E. $ 10,000
Inventory @ cost $ 22,000
Monthly Receipts: 15,000
Down Pymt $ 45,000
Financing available for the ballance or $30,000 cash.
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