Established Liquor Store for Sale in New York - 36621
Business Type: absentee business,misc. retail/non-classifiable,other personal services,liquor store/ wine
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $300,000 | Down Payment | $150,000 |
Gross Revenues | $450,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $80,000 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and $150k for 60 months @ 8%
Business Description
Unlock Your Path to Passive Income by owning a thriving liquor store in Suffolk County.
This lucrative investment opportunity is perfect for executive buyers looking for a fully renovated liquor store strategically located in a highly affluent neighborhood in Suffolk County, New York.
With 1,800 square feet of prime retail space, this business is ideally positioned to benefit from the booming real estate market.
The current owner manages an international business and travels frequently, leaving the store to be run by a reliable supervisor, allowing for minimal involvement on your part.
The store boasts a profitable sales mix, generating 84% of its sales from wine, ensuring a healthy profit margin, with the remaining 16% from liquor.
Additionally, the lease is affordable, with a competitive rent of $4,800 per month and seven years remaining on the lease.
The seller has just reduced the price by $85,000, making this well-established business available for only $300,000, with a $150,000 down payment.
Don't miss out on this exceptional investment opportunity with strong growth potential.
Contact Syed Ahmed at 631-374-7686 for more information and to schedule a viewing before it's gone!
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
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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