Liquor Store in Midtown West
Business Description
Long established/High volume
ESTABLISHED LIQUOR STORE - MIDTOWN WEST MANHATTAN
This well-established liquor store has been serving the bustling Midtown West community since 1981, representing over four decades of continuous operation and community presence. Located in one of Manhattan's most vibrant commercial districts, this business benefits from exceptional foot traffic and a loyal customer base.
FINANCIAL PERFORMANCE:
• Annual Revenue: $2,000,000
• Cash Flow (SDE): $175,000
• Strong revenue-to-cash flow ratio demonstrating efficient operations
• Consistent performance supported by prime Manhattan location
BUSINESS OPERATIONS:
• 1,000 square feet of retail space optimized for wine and liquor retail
• Team of 5 employees ensuring smooth daily operations
• Inventory currently valued at $125,000
• FF&E valued at $10,000
• Owner describes operations as easy, sustainable, and busy
LEASE DETAILS:
• Monthly rent: $16,400
• Lease term extends through March 1, 2029
• Provides operational security for new ownership transition
LOCATION ADVANTAGES:
Midtown West offers unparalleled access to business professionals, tourists, and residents. The area's density and commercial activity create consistent customer demand throughout the week. The neighborhood's mix of office buildings, hotels, and residential properties ensures diverse revenue streams.
OWNERSHIP TRANSITION:
Current owners are relocating, creating an opportunity for new ownership to acquire a turnkey operation with established systems, supplier relationships, and customer loyalty built over 43 years.
This represents an exceptional opportunity to acquire a profitable, established business in one of Manhattan's premier retail locations with strong fundamentals and growth potential.
Please only reach out if buyer can show full amount plus pass background check with SLA and Landlord
Price is negotiable only if:
- Buyer is applying for temporary license.
- Buyer is willing to take lease as is.
This well-established liquor store has been serving the bustling Midtown West community since 1981, representing over four decades of continuous operation and community presence. Located in one of Manhattan's most vibrant commercial districts, this business benefits from exceptional foot traffic and a loyal customer base.
FINANCIAL PERFORMANCE:
• Annual Revenue: $2,000,000
• Cash Flow (SDE): $175,000
• Strong revenue-to-cash flow ratio demonstrating efficient operations
• Consistent performance supported by prime Manhattan location
BUSINESS OPERATIONS:
• 1,000 square feet of retail space optimized for wine and liquor retail
• Team of 5 employees ensuring smooth daily operations
• Inventory currently valued at $125,000
• FF&E valued at $10,000
• Owner describes operations as easy, sustainable, and busy
LEASE DETAILS:
• Monthly rent: $16,400
• Lease term extends through March 1, 2029
• Provides operational security for new ownership transition
LOCATION ADVANTAGES:
Midtown West offers unparalleled access to business professionals, tourists, and residents. The area's density and commercial activity create consistent customer demand throughout the week. The neighborhood's mix of office buildings, hotels, and residential properties ensures diverse revenue streams.
OWNERSHIP TRANSITION:
Current owners are relocating, creating an opportunity for new ownership to acquire a turnkey operation with established systems, supplier relationships, and customer loyalty built over 43 years.
This represents an exceptional opportunity to acquire a profitable, established business in one of Manhattan's premier retail locations with strong fundamentals and growth potential.
Please only reach out if buyer can show full amount plus pass background check with SLA and Landlord
Price is negotiable only if:
- Buyer is applying for temporary license.
- Buyer is willing to take lease as is.
About the Business
- Years in Operation
- 44
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $16,400.00 per month
- Lease Expiration
- 3/1/2029
About the Sale
- Seller Motivation
- Owners relocating
Listing Info
- ID
- 2403912
- Listing Views
- 1166
Listing ID: 2403912 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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