Absentee Wine & Liquor Store Suffolk County $1M in Sales. Asking $525K
Business Description
Absentee small town Liquor Store located on North Shore Gold Coast Long Island. Owner frequents the store only once a week. Store is run by just one employee. Current sales are $1,000,000 a year just walk-in business only. Store does not do deliveries, participate in online apps, absolutely zero marketing. Huge potential for a new owner to increase sales. The store sits on a freestanding property with lots of on-site parking and exposure. Store is 2000 sqft plus a 1000 sqft basement. Rent including real estate taxes is $7400 a month and has a 10 year Lease remaining. One block from LIRR station. An owner operator can make their money back in two years including their salary. Do not sit back on this deal. Proof of Funds Required for the address. This does not qualify for SBA financing. Asking Price is $525,000 plus approximately $250,000 in inventory.
About the Business
- Years in Operation
- 45
- Employees
- 1
- Facilities & Assets
- Free standing building with about 20 on-site parking spots. Store is 2000 sqft plus a 1000 sqft basement. Nice curb appeal but could be better to attract more customers.
- Market Outlook / Competition
- Only one other liquor store in town.
About the Sale
- Seller Motivation
- Owner has other business interests
- Transition Support
- One month of training
Listing Info
- ID
- 2384964
- Listing Views
- 1480
Listing ID: 2384964 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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