Established Cedar Falls liquor store operating since 1984

Description

Established liquor store operating in Cedar Falls since 1984 with a fully absentee ownership model and stable annual sales ranging from $1.35M to $1.45M since 2021.Located at 2728 Center St, Cedar Falls, Iowa, the business benefits from a strong market position with no competing liquor stores within a three mile radius and includes a fully operational drive through service.Average monthly in store sales range from $110K to $125K. Major equipment upgrades have been completed, including shelving, freezers, walk in cooler condenser, and compressor systems.The business is fully employee operated with no owner involvement in day to day operations.Lease Terms:5 year lease$3,000 per month NNN rentUtilities average approximately $1,000 per monthAnnual property tax: $4,268.38This turnkey opportunity is well suited for an owner operator, multi location operator, or E2 visa buyer seeking a stable business with consistent performance, long operating history, and strong community presence.