Lucrative Liquor Store for Sale in New York
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LISTING ID # 37273
This liquor store, situated in a high-traffic Kings County strip mall, is available with a 10-year lease. Rent is $5,500 per month, inclusive of property tax.The store is 1,600 sq. ft., and the basement is the same size. The gross sales are over a million with a 35% profit margin. The seller is willing to offer financing for the inventory. Wine accounts for 60% of sales and liquor for 40%. The business is run by a manager; the owner is not involved in day-to-day operations. With its low rent, long lease, attractive location, and seller financing, this business presents an excellent opportunity for a new buyer. After paying all the expenses, the seller's net cash flow is $140,000 a year.
This liquor store, situated in a high-traffic Kings County strip mall, is available with a 10-year lease. Rent is $5,500 per month, inclusive of property tax.The store is 1,600 sq. ft., and the basement is the same size. The gross sales are over a million with a 35% profit margin. The seller is willing to offer financing for the inventory. Wine accounts for 60% of sales and liquor for 40%. The business is run by a manager; the owner is not involved in day-to-day operations. With its low rent, long lease, attractive location, and seller financing, this business presents an excellent opportunity for a new buyer. After paying all the expenses, the seller's net cash flow is $140,000 a year.
About the Business
- Years in Operation
- 12
- Employees
- 3 (1 Full-time, 2 Part-time)
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train
Listing Info
- ID
- 2458798
- Listing Views
Listing ID: 2458798 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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