BUSINESS FOR SALE
Jerry’s Liquors a cornerstone in Union Square, Somerville is seeking new ownership.
A family run liquor store and a staple in the community for over 35 years. Conveniently situated at 329 Somerville Avenue in the vibrant Union Square of Somerville. Just a five-minute walk from the newly minted Union Square T-stop.
Jerry's Liquors boasts an impressive 3300 square feet of combined retail and storage space and a full liquor license. Renovated and expanded in 2001, Jerry's Liquors has a timeless charm, accentuated by a picturesque brick facade adorned with a flourishing grapevine.
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CONVENIENT LOCATION
LOCATED IN THE HEART OF UNION SQUARE. A 5 MINUTE WALK TO UNION SQUARE T STATION.
UNION SQUARE IS VIBRANT NEIGHBORHOOD, WITH GREAT RESTAURANTS AND DESTINATIONS LIKE BOW STREET MARKET AND THE WEEKLY UNION SQUARE FARMERS MARKET.
THE HISTORY
Family owned and operated for over 30 years, Jerry's Liquors, a longstanding fixture in the ever evolving neighborhood of Union Square. was purchased in 1988. At the time Jerry's operated as a very small (800sq ft) traditional full-service neighborhood packie, with most inventory behind the counter including beer and hard liquors.
In 2001, after many years as a full service packie, the store underwent a significant evolution. The store was renovated and expanded, transforming it into a self-service liquor store. The renovation included the installation of a spacious 13-door walk-in cooler, while also adding over 1000 sq ft of retail space. Not only modernizing the store but also transforming its facade, turning it into the welcoming storefront that greets customers today.
EXPANSION POTENTIAL
The current space offers over 1800 of retail space and 1500 of storage space. A hands-on owner-operator could maximize profits by expanding the product range, introducing lottery services, implementing delivery services, online sales, marketing strategies, and organizing events like wine and beer tastings. Furthermore, there's an opportunity for expansion into the additional 1500 square feet of storage space at the rear of the property.
Contact us.
info@jerrysliquorsunionsquare.com
(617) 863-7862