Wine and Liquor Store in New York

Asking Price$650,000

Cash Flow
$260,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,129,908

Inventory$300,000
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

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Wine and Liquor Store in New York


Asking Price$650,000

Cash Flow
$260,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,129,908

Inventory$300,000
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

Business Description
Wine and Liquor Store in New York
LISTING ID # 30404

Fully renovated and meticulously maintained, this thriving wine and liquor store located in Kings County, NY, boasts 11 years of successful operation. Offering a sleek and modern interior equipped with brand-new refrigeration units, central air conditioning, heating systems, and a cutting-edge POS system, this establishment caters to both connoisseurs and casual enthusiasts alike. With a sales distribution of 60% wine and 40% spirits, supplemented by a lucrative lottery commission generating $20k annually, this store capitalizes on its prime location within a high-traffic, affluent neighborhood. Managed by two partners, one of whom is dedicated full-time, the business ensures seamless operations with the added security of a comprehensive security system and high-quality sound system. The landlord is amenable to negotiating a new 5-year lease with a 5-year option, providing stability and opportunity for growth. Furthermore, the option to purchase inventory at a reduced rate offers flexibility for prospective buyers. Positioned within an exceptionally sought-after locale, this opportunity presents undeniable potential for a savvy investor. Serious inquiries require proof of funds totaling at least $500k for a confidential discussion with the owner. For further information and to arrange a viewing, please contact the broker
About the Business
Years in Operation
15
About the Sale
Seller Motivation
Family illness
Transition Support
Seller Will Train
Listing Info
ID
2432553
Listing Views
33

Contact Seller

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2432553 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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