Hi Volume Liquor & Wine Shop with Low Rent Business For Sale in New York

Hi Volume Liquor & Wine Shop with Low Rent

Asking Price:	$900,000	Inventory:	$350,000 **
Gross Revenue:	$1,780,000	Real Estate:	n/a
Cash Flow:	Not Disclosed	FF&E:	$100,000 **
++ included in the asking price not** included in the asking price

Once in a lifetime opportunity to own a prime location liquor and wine store on Long Island. Owner has been in same location for over 30 years with a new 15 yr lease at substantially undermarket rent. Store is high volume and tremendous net with well balanced sales.

About the Business

Year Established:1977

Facilities:Liquor and wine store with racks and cases throughout for a fine selection of both. Accessable off major parkways, on a very heavily traveled avenue with access to store from both sides of street without any obstructions. Plenty of parking with ancilliary lots available for dozens of overflow cars.

Market Outlook and Competition:Limited...no big stores in the area

About the Sale

Management Training and Support:Complete training and support available. Some industry experience is beneficial for this buy storefront

Reason For Selling:Retirement...Owner has been in business in excess of 30 years

Seller Financing:40% down on purchase price plus full value of inventory at closing

KEYWORDS: liquor store, liquor shop, wine store, wine shop

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Seller ID:	61206
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Business Listed By
Anthony Citrolo, CPA, CVA, CBI New York Business Brokerage Inc. View All of My Listings


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