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This Business has been Sold!
Closing Date: 09/07/2022
Business for Sale Summary

Wine & Liquor Business for Sale in NY - 32910

Business Type: illness forces sale!,misc. retail/non-classifiable,must sell/drastic price reduction!,other eating & drinking places,liquor store/ wine
Sold
Wine & Liquor Business for Sale in NY
On September 7th 2022, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
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.

Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $149,000
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$149,000 Down and The seller will entertain any reasonable offer!

Business Description

Wine & Liquor in Busy Shopping Center. This is the best liquor store deal in the NY market. Price drastically reduced due to family health issue. This established liquor store in located in one of the busiest shopping plazas on Staten Island. In the past year, the store has grossed approx. $400,000.00 with a net income of approx. $100,000.00. It offers 2,000 sq. ft. of space. An additional 2,000 sf of storage space is available next door for an additional cost. There are 14 YEARS left on the lease at a total rent of $5,000/mth. They have ample parking. They also have LOTTO. We are seeking a serious and financially qualified buyer with at least $249K in liquid funds to cover asking price and approx. $100K in inventory. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! 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.