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Business for Sale Summary

Established Liquor Store for Sale in New York - 36621

Business Type: absentee business,misc. retail/non-classifiable,other personal services,liquor store/ wine
Established Liquor Store for Sale in New York
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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!

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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.