Liquor Store: Owner Retiring
Location New York,United States
Asking Price Range < $250K
Gross Revenues $264460
Net Profit / Cash Flow $32732
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory FF&E: $2000. Inventory: $100000.
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training The seller offers a minimum of two weekssƒ? training to provide for a smooth transition.
Reason for Sale The current owner is ready to retire.
Description - Sales increasing year after year
- Adjoining storefront available to provide additional rental income
- New roof installed in 2005
- Great upside potential, as current owner doesnnƒ?t spend any money on advertising
- Very loyal customer base
Available with or without real estate (valued at $60,000)
- Suggest doing some local advertising to attract new customers
- Recommend offering Lotto
There is only one competitor.
Asking Price: $210,000. With $100K down, seller will finance balance over 15 years at 7% ($989/month).
830 sq. ft. store available at $850/month including taxes.
Click Here To Contact Seller
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