Turn Key Liquor Store with Rental Opportunity
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Turn-Key Liquor Store with Rental Opportunity - Business and Real Estate Included
Established liquor and wine store operating in a prime Fulton, NY location on the main North-South route with exceptional visibility and nearly 16,000 vehicles passing daily. This turn-key investment opportunity includes both the operating business and the real estate.
Business Overview:
- Annual Revenue: $260,822
- Cash Flow (SDE): $260,822
- Established customer base with continuous operation
- Current inventory valued at $100,000
- Complete furniture, fixtures, and equipment included
Real Estate Details:
- 7,293 square foot free-standing building
- Constructed in 1964, fully renovated in 2023
- Real estate value: $199,000 (included in sale)
- Strategic location in heart of Fulton with excellent accessibility
- Additional rental income potential from unused space
- Opportunity for multiple tenants and alternative uses
Key Investment Highlights:
- Turn-key operation requiring minimal startup effort
- Strong cash flow generation relative to asking price
- Dual income streams from retail operations and potential rental income
- Prime location with high traffic count ensuring consistent customer flow
- Recently renovated building reducing immediate capital expenditure needs
- Established business with proven revenue history
- Real estate ownership eliminates ongoing lease obligations
This opportunity combines the stability of an established liquor retail business with the appreciation potential of commercial real estate ownership. The spacious building layout provides flexibility for expanding operations or generating additional rental revenue. Located in Oswego County, the business benefits from a stable local market and tourist traffic.
Ideal for owner-operators seeking a profitable retail business with real estate ownership, or investors looking for a cash-flowing asset with multiple revenue opportunities. The recent renovation and established customer base provide a solid foundation for continued success.
Asking Price: $389,000 (includes business operations and real estate)
Established liquor and wine store operating in a prime Fulton, NY location on the main North-South route with exceptional visibility and nearly 16,000 vehicles passing daily. This turn-key investment opportunity includes both the operating business and the real estate.
Business Overview:
- Annual Revenue: $260,822
- Cash Flow (SDE): $260,822
- Established customer base with continuous operation
- Current inventory valued at $100,000
- Complete furniture, fixtures, and equipment included
Real Estate Details:
- 7,293 square foot free-standing building
- Constructed in 1964, fully renovated in 2023
- Real estate value: $199,000 (included in sale)
- Strategic location in heart of Fulton with excellent accessibility
- Additional rental income potential from unused space
- Opportunity for multiple tenants and alternative uses
Key Investment Highlights:
- Turn-key operation requiring minimal startup effort
- Strong cash flow generation relative to asking price
- Dual income streams from retail operations and potential rental income
- Prime location with high traffic count ensuring consistent customer flow
- Recently renovated building reducing immediate capital expenditure needs
- Established business with proven revenue history
- Real estate ownership eliminates ongoing lease obligations
This opportunity combines the stability of an established liquor retail business with the appreciation potential of commercial real estate ownership. The spacious building layout provides flexibility for expanding operations or generating additional rental revenue. Located in Oswego County, the business benefits from a stable local market and tourist traffic.
Ideal for owner-operators seeking a profitable retail business with real estate ownership, or investors looking for a cash-flowing asset with multiple revenue opportunities. The recent renovation and established customer base provide a solid foundation for continued success.
Asking Price: $389,000 (includes business operations and real estate)
About the Business
- Years in Operation
- 62
- Employees
- 1 Part-time
Owner runs the business. PT employee available as needed. - Facilities & Assets
- 7,293 +/- SF Building on .2+/- Acres. Off-street parking in a prime location in front of the business. All Furniture, Fixtures, point of sale, customer lists, and Business Equipment are included with the sale. Inventory is also available. The building has potential for additional business or residential uses in addition to the existing liquor store. New Security System, New Shelving, Interior and exterior cameras, and new point of sale software.
- Website
- https://www.facebook.com/liquorwine481
- Market Outlook / Competition
- Limited competition. One of only three liquor store locations in all of the city of Fulton. Stable population base and clientele. The current owner has had consistent business throughout ownership.
- Opportunities for Growth
- Property sits on the on the south edge of the city less than 20 miles from the largest chip fab development in the northeast (Micron) slated to bring over 9,000 people to the area and increase traffic to the surrounding areas. Current traffic is over 16,000AADT.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 7,293
About the Sale
- Seller Motivation
- Relocating out of State
- Transition Support
- Current owner will make himself available to assist with transition.
Listing Info
- ID
- 2461068
- Listing Views
Attached DocumentsAttachment Disclaimer
481 Liquor & Wine _ Financials.pdf
Business Location
Listing ID: 2461068 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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