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Churchill Market (Grocery and Liquor Store) in Newport, KY

Newport, KY (Campbell County)

Store Front
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Asking Price: $300,000

Cash Flow: N/A

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: $150,000*

Rent: $4,700 /Month

Established: N/A

*not included in asking price.

Churchill Market (Grocery and Liquor Store) in Newport, KY

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Business Description

Grocery and Liquor Store; excellent location with increasing sale

This is a unique store located in upscale Newport, KY in busy commercial and residential area.
5 minutes away from Cincinnati Downtown.
Next to Starbucks and Graeters.
Store has 2 sections: Grocery and Liquor.
Each section has separate entrance in compliance with city rules and regulations
Located in the vicinity of St. Elizabeth Hospital (24 Hrs Hospital)
Located near Grand Tower Apartments, Churchill Apartments, and Single family residents
This is the only store in a 2 mile radius, with residents coming from 3 apartments communities and single family home residents.
Dedicated clientele for liquor, wine and beer
newly installed Beer Cave.
Store has been remodeled to include new stock.
This store is almost 3300 sq ft.
Sales are increasing every month on both Grocery side and Liquor side.
We are asking $300,000.00 + Inventory.

Detailed Information

Location:
Newport, KY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
3
Competition:
No stores within 2 mile radius.
Growth & Expansion:
Lot of potential to increase sales. We project the sales to be around $90,000/Month on both Liquor and Grocery sections. Huge potential for Bill Payment, Check Cashing and Money Orders.
Reason for Selling:
Owner moving to another state
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Business Listed By:
Abhilash Bande

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