Established Buffalo Liquor Store
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Turnkey retail liquor store in the Buffalo, NY area, in continuous operation at the same location for over 30 years. Roughly $2.6M in annual sales, with owner earnings that grew from about $246K in 2024 to an estimated $349K in 2025. Gross margin improved to nearly 28% in 2025.
The lease has just been renewed and now runs through 2032, with two additional 5-year options that could carry the location to 2042 — a rare and valuable position for a buyer. About 2,500 sq ft across two adjoining storefronts, with on-site parking.
The business is a licensed New York State Lottery retailer, adding a steady secondary income stream. Sale includes trade name, signage, fixtures, and full inventory (purchased separately at cost, counted at closing).
This is a confidential listing. The business financials and lease agreement will be disclosed to qualified buyers after a signed NDA. Please do not contact the business directly.
The lease has just been renewed and now runs through 2032, with two additional 5-year options that could carry the location to 2042 — a rare and valuable position for a buyer. About 2,500 sq ft across two adjoining storefronts, with on-site parking.
The business is a licensed New York State Lottery retailer, adding a steady secondary income stream. Sale includes trade name, signage, fixtures, and full inventory (purchased separately at cost, counted at closing).
This is a confidential listing. The business financials and lease agreement will be disclosed to qualified buyers after a signed NDA. Please do not contact the business directly.
About the Business
- Years in Operation
- 32
- Employees
- 7 (5 Full-time, 2 Part-time)
12 - Facilities & Assets
- Approximately 2,500 sq ft of retail space across two adjoining storefronts (each roughly 25 × 50 ft) in an established commercial center with a shared on-site parking lot. The sale includes all fixtures and equipment: [walk-in/reach-in coolers, shelving and display racks, POS system, security and alarm system, counters]. Also included are the trade name, logo, signage, and store phone number. Inventory (currently approx. $450,000–500,000 at cost) is purchased separately and counted at closing. Company vehicles, cash, and bank accounts are excluded. The NYS Lottery terminal belongs to the state, and the buyer applies for its own Lottery retailer license.
- Market Outlook / Competition
- A neighborhood destination with a loyal, repeat customer base built over more than 30 years at the same location. Under current New York law, grocery stores and supermarkets cannot sell wine or spirits, and each person may hold an interest in only one retail liquor store. That rules out chain competition and keeps demand concentrated in independent package stores like this one.
- Opportunities for Growth
- The business has grown earnings on steady sales with minimal marketing spend, which leaves clear room for a hands-on owner to push further:
• Delivery and online ordering for pickup, where permitted
• In-store tastings and seasonal promotions
• Gift baskets and corporate or holiday orders
• Social media marketing, which is largely untapped today
• Tighter inventory management to improve margins and cash flow
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $5,200 per month
About the Sale
- Seller Motivation
- Owner is focusing on other business ventures.
- Transition Support
- The owner will provide [2–4 weeks] of hands-on transition support after closing, covering daily operations, ordering, pricing, and staff. The owner will also introduce the buyer to distributor representatives and key suppliers, and will cooperate fully with the buyer's New York State Liquor Authority application, including the temporary retail permit process so the store can keep operating while the license is pending. [Existing staff may be available to remain with the new owner.]
Listing Info
- ID
- 1780325
- Listing Views
Attached DocumentsAttachment Disclaimer
Ideal Wines & Liquors — Confidential Business Offering.pdf
Business Location
Listing ID: 1780325 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.
Businesses for SaleNew York Businesses for SaleNew York Food & Beverage Businesses for SaleNew York Liquor Stores Businesses for Sale
Similar Listings
Saved Businesses limit reached.
Remove some Saved Businesses.
Remove some Saved Businesses.
