Upscale Wine Specialty Store in Great Location - 10781 Business Type: liquor store/ wine
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $130,000 | Down Payment | $90,000 |
| Gross Revenues | $229,100 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $51,420 | Number of FT Employees | Register Free to View |
Financing
$90,000 Down and Seller will hold a note of $ 40,000 @ 6% over 3 years. Sellers wants cost of inventory at closing. Inventory estimated at $75k.
Business Description
Beautiful Rockland County wine specialty store. Great location on busy road. The only wine & liquor store within a 3 mile radius. Located in both a commercial and residential area, just minutes from New Jersey. Web site brings in $ 50,000/year of internet sales. About 75% wine sales, which include a collection of vintage fine and exotic wines. Buyers not required to buy entire inventory of exotic and vintage wines. Local delivery. Regular wine tastings. The store is approx. 1500 Sq ft, clean, very organized and equipped with cameras and security devices. Long lease- 6 years left on lease. Cost $150k to build out 3 years ago. Health issues force sale. Call Joe Stansky for more information.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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