EXCLUSIVE Liquor/Wine Store in Queens just outside Nassau $1.4mm Gross

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Asking Price:
$550,000

Gross Revenue:
$1,400,000
Cash Flow:
$208,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Great Wine and Liquor store 60/40 split rent only 3900 in extremely safe Queens neighborhood. Lease is 10 years and owner willing to stay on for smooth transition. This store is a home run for any liquor store owner looking to add to his/her portfolio or someone new to the business. Inventory will be 200k at close assuming that would be Jan/Feb 2019. Call Henry Galasso and have PROOF OF FUNDS READY TO SHOW.

About the Business

Real Estate:
Leased
Building Sq. Ft.:
1,800
Rent:
$4,000.50 Per Month
Lease Expiration:
4/16/2029
Website:
www.eastcoaststores.com
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About the Sale

Reason For Selling:
other business interests
Training/Support:
Seller willing to train new owner

Listing Info

ID:
1626121
Ad Detail Views:
0

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Business Listed by

Henry Galasso

East Coast Stores LLC, NYC

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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