Turnkey Wine & Liquor Store | Strong Local Following | Hudson Valley
Business Description
Established turnkey wine and liquor store located in the heart of Newburgh's revitalizing downtown district. This boutique operation has been serving the Hudson Valley community since 2016, building a loyal local following in a prime Liberty Street location.
Business Overview:
- 750 sq ft retail space with strategic positioning in Newburgh's growing retail corridor
- Currently the only boutique wine shop in the area, providing competitive advantage
- High barriers to entry due to liquor licensing requirements
- Absentee owner operation demonstrating strong systems and processes
Financial Details:
- Asking Price: $95,000
- FF&E Value: $25,000
- Inventory Value: $15,000
- Monthly Lease: $1,750 (expires July 2030)
- Landlord open to selling building which also includes 2 - 2 bedroom apartments
Location Advantages:
- Only 15 minutes from Beacon Metro North Station
- Walking distance to emerging restaurant scene on Liberty Street
- Benefits from increasing tourist and local traffic
- Positioned in quickly revitalizing downtown area
Growth Potential:
Newburgh is experiencing significant economic momentum with major redevelopment initiatives and new construction. Over 100 new apartments opening in 2026 and a 74-room hotel scheduled for 2027 will substantially increase foot traffic and customer base. The business is well-positioned to capture market share as the premier wine and spirits destination in this expanding market.
Operational Benefits:
- Recession-resistant business model
- Established customer relationships and reputation
- Turnkey operation ready for immediate ownership transition
- Owner willing to assist with transition process
This represents an excellent opportunity to acquire an established retail business in a growing market with limited direct competition and strong future prospects.
Business Overview:
- 750 sq ft retail space with strategic positioning in Newburgh's growing retail corridor
- Currently the only boutique wine shop in the area, providing competitive advantage
- High barriers to entry due to liquor licensing requirements
- Absentee owner operation demonstrating strong systems and processes
Financial Details:
- Asking Price: $95,000
- FF&E Value: $25,000
- Inventory Value: $15,000
- Monthly Lease: $1,750 (expires July 2030)
- Landlord open to selling building which also includes 2 - 2 bedroom apartments
Location Advantages:
- Only 15 minutes from Beacon Metro North Station
- Walking distance to emerging restaurant scene on Liberty Street
- Benefits from increasing tourist and local traffic
- Positioned in quickly revitalizing downtown area
Growth Potential:
Newburgh is experiencing significant economic momentum with major redevelopment initiatives and new construction. Over 100 new apartments opening in 2026 and a 74-room hotel scheduled for 2027 will substantially increase foot traffic and customer base. The business is well-positioned to capture market share as the premier wine and spirits destination in this expanding market.
Operational Benefits:
- Recession-resistant business model
- Established customer relationships and reputation
- Turnkey operation ready for immediate ownership transition
- Owner willing to assist with transition process
This represents an excellent opportunity to acquire an established retail business in a growing market with limited direct competition and strong future prospects.
About the Business
- Years in Operation
- 10
- Employees
- 1 Part-time
- Facilities & Assets
- Prime Retail Space: Approximately 750 sq. ft. of well-configured sales floor area featuring an inviting open layout that highlights premium wine and spirits displays.
Attractive Interior Build-Out: Cozy, warm, and upscale finishes including custom shelving, ambient lighting, and carefully curated tasting displays that enhance customer experience and product presentation.
Climate Control: Fully integrated HVAC system with reliable temperature and humidity controls to maintain product quality and maximize shelf life of sensitive wines. - Market Outlook / Competition
- Palate Wines operates in the quickly revitalizing City of Newburgh and is currently the only boutique wine shop in the area. New restaurants on Liberty Street are attracting locals and tourists. Only 15 minutes from Beacon Metro North Station. With high barriers to entry due to liquor licensing and limited local competitors, the opportunity is here to grow the store as the city continues to grow.
- Opportunities for Growth
- With Newburgh’s continued economic momentum, including major redevelopment initiatives and significant new housing construction, the city is attracting more residents, visitors, and dining-focused traffic than ever before. Palate Wines stands to capture a meaningful share of this expanding market as the premier boutique wine and spirits destination in the core Liberty Street retail corridor. Within walking distance, 100+ new apartments opening in 2026 and 74 room hotel set to open in 2027.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 750
- Rent
- $1,750.00 per month
- Lease Expiration
- 7/1/2030
About the Sale
- Seller Motivation
- Medical Problems
- Transition Support
- We can work with the buyer to help transition
Listing Info
- ID
- 2459009
- Listing Views
- 28
Listing ID: 2459009 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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