Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Hollywood Pl
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1505
- Latitude
- 26.0122
