Property Listing No Longer Available for Sale

1301 North Dixie Highway, Fort Lauderdale, FL

Business for Sale - $900,500


Property Info

CIMLS#1042801
Location
  1301 North Dixie Highway
  Fort Lauderdale FL 33304
UpdatedOctober 7th, 2019
TypeBusiness
Price$900,500

Property Description

Award-winning, high-end liquor store business for sale. 38 years in same location with established clientele. Business is located on corner lot of a high traffic area with excellent exposure and visibility. Walking distance from the business, a 5-story residential apartment complex is under construction, anticipating income increase. Owner has spent over $950,000 on renovations. He will also spend an additional $800,000 for the expansion of the of the wine by the glass lounge and the cafeteria. Construction plans have been submitted to the city for their revision and approval. Just waiting for the approval of the plans to start construction. Also included in price is check cashing store inside building which is ready for new owner to operate and receive additional income. On 2018 owner made major renovations and upgrades to the property: new roof, new cooler, new tile floors, drop down ceiling, state of the art shelving, landscaping with artificial grass and security system. New kitchen, 2 modern bathrooms, check cashing space with bullet proof glass and door, and wine by the glass lounge were added in the interior of the building. On the west side of the building there is additional parking lot for the business. Big time money maker! High profit margin! Voted #1 liquor store in Wilton Manor. EB 5 visa eligible. Seller is extremely motivated due to the fact he is relocating to Brazil. Business with real estate is also available for $3,500,000. For additional information contact Rizwan Ahmed at 954-394-0064.


Financials



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