For Sale
$1,750,000

0 Hollywood PlHollywood, FL 33020

High-profit liquor store, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
114
This thriving Hollywood, FL liquor store presents a unique owner-user investment opportunity. Priced at $1,750,000 (plus inventory), this established business boasts a 2,000 square foot space with a 14-year remaining lease (NN). The property generates a substantial NOI of $650,000, representing a compelling 37.14% cap rate. The business benefits from high sales volume, resulting in significant monthly state sales tax revenue and a substantial gross income. This translates to a high net income and a strong owner salary. Operating costs are low, with rent, water, and garbage included. The store enjoys a large, loyal customer base, a substantial inventory due to bulk purchasing, and benefits from volume discounts from suppliers. A state-of-the-art security system with remote access is in place. All furniture, fixtures, and equipment are included in the sale. The liquor license, valued at approximately $450,000, is also included. The seller will assist with a smooth transition for the buyer. Located in a high-traffic area with excellent signage and easy access, this is a turnkey operation ideal for a qualified buyer with liquor store experience. Financial documentation and a signed non-disclosure agreement are required. All data is provided by the seller; independent verification is recommended.

Highlights

  • Established liquor store for sale; asking price: $1,750,000 plus inventory.
  • High sales volume resulting in high monthly state sales tax revenue and substantial gross income.
  • High net income, low rent (water and garbage included).
  • 14-year remaining lease; owner retiring.
  • High-volume business exceeding many chain stores; large inventory due to bulk purchasing and daily sales.
  • Extensive loyal customer base from surrounding areas due to competitive pricing.

Property Details for 0 Hollywood Pl

Property type
Retail properties, Retail space
Square Feet
2,000 SF
Buildings
1
Stories
1

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.012166
Longitude
-80.1505396
Hollywood Pl, Hollywood, Florida

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0 Hollywood Pl
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