Hot Listing

Existing Wine and Liquor Store in High Traffic Location, Queens, NY

Asking Price$395,000

Cash Flow
$198,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$720,000

Inventory$120,000
Not included in asking price
FF&E$30,000
Included in asking price
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Hot Listing

Existing Wine and Liquor Store in High Traffic Location, Queens, NY


Asking Price$395,000

Cash Flow
$198,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$720,000

Inventory$120,000
Not included in asking price
FF&E$30,000
Included in asking price
Business Description
Sell it NOW Opportunity to purchase an established Liquor Store. Owner seeks to sell immediately. Successful and profitable wine and liquor store located in well maintained leased space. Family run business. Owner is retiring. Great opportunity for new owner/manager or entrepreneur looking for an investment. This turnkey business is now ready for a new owner. The shop serves an extremely loyal customer base drawing the neighborhood customers.
With marketing this could be a really great growth opportunity for the right person. Please note no seller financing. Inventory sold separately. Inventory cost will be calculated at closing
Looking to buy or sell your business contact me.

Monthly gross is about $60,000.
Monthly net is about $16,500.
Recently renovated.

Rent is $5,800.
5 years remaining on the lease. Landlord will do extension for prospective owner.
Sq.Ft:1000


Monthly Expenses:
Rent: $5,800.00
Electricity:$300.00
Phone:$100.00
Insurance:$210.00
Garbage:$100.00
Serious Inquires only. Buyer Profile and Financial is a must to purchase.
PLEASE DO NOT CONTACT EMPLOYEES OR MANAGEMENT DIRECTLY WITHOUT SETTING UP SHOWING WITH BROKER.
About the Business
Number of Employees
2
Market Outlook / Competition
Liquor Stores are highly desirable business opportunities. Moreover, the market for this type of business is very competitive due to high profitability and relative ease of operation.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$5,800.00 per month
Lease Expiration
3/31/2030
About the Sale
Seller Motivation
Retiring
Listing Info
ID
2225690
Listing Views
5298
Attached DocumentsAttachment Disclaimer

Andrijana_Babic_Confidentiality_Agreement_022823.pdf


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Business Listed by: Andrijana Babic Link business NYC

Listing ID: 2225690 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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