For Sale
$197,500

0 All Star Wine & LiquorManchester, CT 06040

Profitable Liquor Store, Net Lease, Owner Financing

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving All Star Wine & Liquor storefront in Manchester, Connecticut. Located at 200 West Center St, this 1,536 square foot retail space boasts a strong net operating income (NOI) of $50,000, generating a monthly rent of $2,560 under a modified gross lease. The property features ample off-street parking for 20 vehicles, supplemented by free street parking. Its prime location in the West Side Village Plaza on Route 44, near the corner of McKee Street, provides excellent visibility and accessibility, with easy access to major highways within a mile. The current 5/5/5 lease offers a secure, long-term investment. The business itself shows impressive growth, with sales exceeding 2022 figures by $100,000 and a 26% gross profit margin. Additional income streams include ATM commissions of $5,200 annually. The current store manager enjoys strong community relations. This is a single-story building, part of a single-unit property, and is offered for sale by owner at $197,500. Owner financing is negotiable. Note that no additional liquor licenses are available in Manchester. This turnkey operation presents a rare opportunity for a savvy investor seeking a profitable and established business.

Highlights

  • $2,560 monthly rent under a modified gross lease.
  • Strong, established business with $100,000 sales increase over 2022 and a 26% gross profit margin.
  • $5,200 annual ATM commission income.
  • Owner financing negotiable.

Property Details for 0 All Star Wine & Liquor

Property type
Retail properties, Retail space
Square Feet
1,536 SF
Buildings
1
Stories
1
Units
1

Location Insight

City
Manchester
County
Hartford
State
Connecticut
Latitude
41.770729967383
Longitude
-72.543413270058
All Star Wine & Liquor, Manchester, Connecticut

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 All Star Wine & Liquor
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message