Turn Key Liquor Store

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Asking Price:
$350,000
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Gross Revenue:
$1,650,000
Cash Flow:
$245,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$225,000
not included in asking price

FF&E:
$30,000
included in asking price

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Business Description

Seller owned this liquor business for 28 years; now its time to retire. He is willing to finance. This liquor store is located in one of the busiest neighborhoods in Bronx. Its size is 1000 sq. ft., with a half-sized furnished basement. It does 1.65 million in gross sale a year in wine and liquor, making up 50% profit on each. Store also has Lotto Sales of $8,000.00 a month, Rent is $8,000 a month, and the lotto income covers rental lease charges! Seller's cash flow, excluding all the expenses, is $20,000 a month.

CONTRACTS OUT FOR SIGNATURE, PLEASE INQUIRE ABOUT OTHER LOCATIONS WE MAY HAVE FOR SALE

About the Business

Year Established:
1982
Number of Employees:
4
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Amount/Mo.:
$8,000.00
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About the Sale

Reason For Selling:
Retirement

Listing Info

ID:
1505856
Ad Detail Views:
251

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U.S. Census Data for Bronx County, NY
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Bronx County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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