Established Liquor Store in Affluent Long Island Community
Business Description
Established Liquor Store in Affluent Long Island Community
LISTING ID # 37779
Established Liquor Store in Affluent Long Island Community
This well-established liquor store is the only business of its kind serving an affluent Long Island neighborhood, providing limited local competition and a loyal customer base. The seller has successfully operated the business for more than 15 years and is now ready to pursue another venture.
The 1,500-square-foot store generates annual gross sales exceeding $800,000, with an evenly balanced product mix of approximately 50% wine and 50% liquor. Fully stocked shelves, a wide product selection, and support from dedicated merchandisers help keep the store attractive, organized, and well supplied.
Monthly rent is only $5,000, supported by a favorable 10-year lease. After all operating expenses, the business produces an annual net cash flow exceeding $130,000.
The store currently operates limited hours from 11:00 a.m. to 8:00 p.m., presenting a clear opportunity for a new owner to increase revenue by opening earlier, closing later, expanding delivery services, strengthening online ordering, and introducing additional marketing programs.
With its exclusive neighborhood presence, affluent customer base, strong sales, manageable rent, long-term lease, and significant growth potential, this is an excellent opportunity for an owner-operator or experienced liquor retailer.
Established Liquor Store in Affluent Long Island Community
This well-established liquor store is the only business of its kind serving an affluent Long Island neighborhood, providing limited local competition and a loyal customer base. The seller has successfully operated the business for more than 15 years and is now ready to pursue another venture.
The 1,500-square-foot store generates annual gross sales exceeding $800,000, with an evenly balanced product mix of approximately 50% wine and 50% liquor. Fully stocked shelves, a wide product selection, and support from dedicated merchandisers help keep the store attractive, organized, and well supplied.
Monthly rent is only $5,000, supported by a favorable 10-year lease. After all operating expenses, the business produces an annual net cash flow exceeding $130,000.
The store currently operates limited hours from 11:00 a.m. to 8:00 p.m., presenting a clear opportunity for a new owner to increase revenue by opening earlier, closing later, expanding delivery services, strengthening online ordering, and introducing additional marketing programs.
With its exclusive neighborhood presence, affluent customer base, strong sales, manageable rent, long-term lease, and significant growth potential, this is an excellent opportunity for an owner-operator or experienced liquor retailer.
About the Business
- Years in Operation
- 20
- Employees
- 3 (1 Full-time, 2 Part-time)
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train
Listing Info
- ID
- 2546681
- Listing Views
- 62
Listing ID: 2546681 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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