Great Liquor Store With Full Basement
Location New York,United States
Asking Price Range < $250K
Gross Revenues $363664
Net Profit / Cash Flow $70180
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
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 Great Liquor Store with Full Basement. This store has been established for over 20 years in a very high traffic shopping strip right off of the Long Island Expressway. It is an upper-middle class neighborhood. The store is approx. 1,000 sq. ft. feels larger than that. There is also a full 1,000 sq. ft. basement stocked with inventory.
In the past 12 months this store Grossed approx. $350,000.00 with a Net of approx. $60,000.00. The sale price does not include approx. $100K in inventory. The current owner took over the store less than 2 years ago and has totally redesigned the store. Sales have been growing consistently. He is selling to free up capital for another opportunity. We are looking for a serious and financially qualified buyer with at least $280K in liquid capital to cover the purchase price, inventory, deposits and working capital. Call or email Mel Vaz today at 631-909-1095 to learn more!
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