Pinnacle Announces Sale of Freestanding Liquor Store Business in Greeley, CO
Pinnacle Real Estate Advisors, LLC is pleased to announce the successful sale of JK Liquorland, a retail liquor store, along with the lease of its 2,400-square-foot freestanding building located at 2867 17th Avenue in Greeley, Colorado. Levi Saxen, Senior Advisor, and Zach Mechanik, Associate Advisor, of The Saxen Team represented both the buyer and seller in the business sale and lease transaction.
As part of the transaction, Saxen and Mechanik assisted in structuring a new commercial lease between the Buyer and Seller, who retained ownership of the building. The team worked closely with both parties to navigate the complexities of the business acquisition, lease structure, and SBA financing process, helping facilitate a smooth transition of ownership and continued operation of the business.
“This transaction represents an exciting transition for both parties, helping one owner successfully exit the industry and begin his next chapter in retirement, while guiding a new owner into business ownership. We’re proud to have helped facilitate the successful closing of this business sale. We look forward to seeing the new owner build on the legacy of JK Liquorland,” said Saxen and Mechanik.
For more information on this sale, please contact Levi Saxen at 303-226-4235 or Zach Mechanik at 720-256-4844.