Established Liquor Store for Sale
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Established Liquor Store for Sale
LISTING ID # 37351
A 3,000 square-foot liquor store is located in an extremely busy commercial zone on Nassau County, New York. It also has a 4,000 sq.ft. parking space. Adjacent to the liquor store is a 500-square-foot space that could be developed into a full-fledge convenience store, carrying lottery, beer, tobacco, and other similar items. Rent is $7500 per month plus real estate taxes; the lease is for 10 years plus an additional 5-year option. Its gross sales are $1.4 to $1.5 million, with an overall profit margin of 30%. Sales are evenly split between liquor and wine, each accounting 50%. Because the front of the parking is huge, the seller rents it out to 4-5 vans and trucks, generating close to $2,000 a month. This is an excellent location, surrounded by numerous potential , such as opening a convenience store. However, due to disagreement between the partners, they are forced to sell. After paying all the expenses, the seller's net cash flow is over $200,000 a year.
A 3,000 square-foot liquor store is located in an extremely busy commercial zone on Nassau County, New York. It also has a 4,000 sq.ft. parking space. Adjacent to the liquor store is a 500-square-foot space that could be developed into a full-fledge convenience store, carrying lottery, beer, tobacco, and other similar items. Rent is $7500 per month plus real estate taxes; the lease is for 10 years plus an additional 5-year option. Its gross sales are $1.4 to $1.5 million, with an overall profit margin of 30%. Sales are evenly split between liquor and wine, each accounting 50%. Because the front of the parking is huge, the seller rents it out to 4-5 vans and trucks, generating close to $2,000 a month. This is an excellent location, surrounded by numerous potential , such as opening a convenience store. However, due to disagreement between the partners, they are forced to sell. After paying all the expenses, the seller's net cash flow is over $200,000 a year.
About the Business
- Years in Operation
- 20
- Employees
- 3 (2 Full-time, 1 Part-time)
About the Sale
- Seller Motivation
- Disagreement with partners
- Transition Support
- Seller will train
Listing Info
- ID
- 2461683
- Listing Views
- 26
Listing ID: 2461683 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
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