Hot Listing

North Shore Liquor Store with Property and Apartment

Asking Price$1,100,000

Cash Flow
$225,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$965,000

InventoryNot Disclosed

FF&E$100,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

North Shore Liquor Store with Property and Apartment


Asking Price$1,100,000

Cash Flow
$225,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$965,000

InventoryNot Disclosed

FF&E$100,000
Included in asking price
Real EstateNot Disclosed

Business Description
Price Reduced!
This Liquor Store was established in 1965 and is currently operated by the same family. It is located on a main thoroughfare in an affluent North Shore Long Island neighborhood. This 1,100 SF building has a 1-bedroom apartment above the building which could be rented for additional income as well as storage garage and basement. Real Estate Taxes are less than $12,000 per year. The business generates over $950,000 in sales with a very strong gross profit margin. Currently, the business mix is 70% Wine / 30% Liquor, 35% Cash / 65% Credit. The business provides limited delivery and shipping service. There is an extensive customer mailing list and a very loyal customer base. This is a great starter store for someone wanting to enter the Liquor Store business and increase their equity and income from this real estate transaction. Please refer to Listing #15544 when inquiring about this opportunity.
About the Business
Years in Operation
65
Number of Employees
3
Real Estate
Owned or Leased
Owned
Included in asking price
Listing Info
ID
2288695
Listing Views
6942

Contact Seller

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Business Listed by: Ken Stein/Kensington Company The Kensington Company

Listing ID: 2288695 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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