Large Manhattan Wine & Liquor Store in Manhattan
New York County, NY

Financing: $599,000.00 Down and

Reason for Selling:After 37 years of family ownership, the seller is more than ready to retire and has no heirs to pass this jewel onto.

Price Just Reduced! One of Manhattan's Longest Established Wine & Liquor Stores. It grossed (net of sales tax) over $2.5M in 2013 with Completely Verifiable Owner's Discretionary Cash Flow of $187K plus. Everything is on the tax return. Currently run semi-absentee, there is considerable upside potential here should you have experience in this business and are prepared to be more hands-on. 1,800 sq ft of retail space on street level, 1,800 sq ft of storage space in cool basement. 60%/40% wine/liquor. After 37 years of family ownership, the seller is more than ready to retire and has no heirs to pass this jewel onto, though would be delighted to offer as much support and training as you need and is is willing to negotiate a longer lease with the landlord for you if desired. Inventory of approximately $600K Not Included in the Asking Price of $599K. Please become a premium member at www.vestedbb.com to receive the name and address of this store to do a discreet walk by, then email or call Senior Vested Business Broker Jay Goldman (jaygoldman@vestedbb.com or 646-670-1961) for an appointment to take a full tour and speak with the seller.