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Businesses For Sale   >>   Liquor Stores Businesses For Sale

Well Established Liquor Store - Upper Westside

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $650000
Net Profit / Cash Flow  $75000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1960
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks training at no cost.
Reason for Sale  Retiring.

Description  
Well-established liquor store for sale on Manhattan's Upper Westside retails wine (70%) and liquor (30%) to an upper middle class clientele. Business is located on a very active thoroughfare that has seen the recent addition of two major condominium projects two blocks south of the store. A new ten year lease with favorable terms and rent for the area has been newly signed. This opportunity has tremendous upside by expanding deliveries and offering an internet presence. FACILITIES / TERMS of LEASE: Very Active Main avenue on Manhattan's Upper Westside. with a Great Deal of Foot Traffic as well. Also, a recent addition of two major condominium projects two blocks south of the store. This Very Clean 1,500 sq ft store Mulit-Story Building. A new ten year lease with favorable terms and rent for the area has been newly signed. Lease: $13,275/month - expires 7/31/2020 with 10 yr Option MARKET SHARE: There are no other major liquor stores in the immediate area. Retails wine (70%) and liquor (30%) to an upper middle class clientele. Regular customer base as well as walk-ins. Even in today's Economic times, the business has shown a STEADY STREAM OF CUSTOMERS! GROWTH POTENTIAL: Limitless and Outstanding opportunities for growth! This Opportunity Has Tremendous Upside By Expanding Deliveries And Offering An Internet Presence. Adding a Website / E-commerce plus Additional Advertising and Marketing With Incentives Can Take This Store To The Next Level. ASKING: $250,000


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