Absentee Wine & Liquor Store With Property
Location New York,United States
Asking Price Range < $250K
Gross Revenues $221199
Net Profit / Cash Flow $33000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2013
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training
Reason for Sale Personal
Description Absentee Wine & Liquor Store with Property. This growing wine and liquor store is a corner location right off a major highway on the South Shore of Suffolk County. The current owner built this as an investment. He owns the building as well, but has no time to operate the business. The property is available for an additional $475K. This store has great upside for an owner/operator. IT IS RUN COMPLETELY ABSENTEE. It is a great starter opportunity for someone looking to get into the liquor and wine business.
The rent is only $3,000/mth. (including phone and internet) In the past 12 months (the first year in business) the store grossed approx. $240,000.00 with a Net Income of approx. $33,000.00 for an owner/operator. SALES ARE FULLY VERIFIABLE! Please note that all sales were achieved with little to no advertising. Inventory is approx. $100,000, NOT included in the asking price. We are looking for a serious and financially qualified buyer. If you meet the criteria, call or email Mel Vaz today at 631-909-1095.
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