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 | $385,000 | Down Payment | $385,000 |
| Gross Revenues | $550,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $80,000 | Number of FT Employees | Register Free to View |
Financing
$385,000 Down and
Business Description
This 57-year-old liquor store of 1,800 square feet is situated in a highly affluent neighborhood in Suffolk County, New York.
Rent is $4,800 per month under a ten-year lease. The business sells 84% wine and 16% liquor. The wine sales provide a decent profit margin.
The area is on the verge of becoming an expensive real estate market.
As the seller often has to travel for their other business, so he supervises the business in a very limited capacity, so much so that he only goes to the store for four hours per week and has to depend on the employees.
This is a great opportunity for an experienced buyer able to maximize the store's potential through proper supervision in an upscale neighborhood already ripe for success with burgeoning commercial and residential growth.
Call the broker, Syed Ahmed at 631-374-7686, for more information.
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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