Fine Wine & Liquor Store In The Hamptons
Location New York,United States
Asking Price Range < $250K
Gross Revenues $589862
Net Profit / Cash Flow $91920
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2011
Number of Employees 1 - 3
Inventory 250000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Willing To Train
Reason for Sale Personal
Description Fine Wine & Liquor Store in the Hamptons. This quaint 1,000 sq. ft. store has been established for over 3 years and has built a reputation for rare and high end wines. People are not afraid to spend in this area. The store has a state-of-the art POS System that tracks sales and inventory. There is a back storage room. 17.5 YEARS REMAIN ON THE LEASE WITH A RENT OF ONLY $2,342/MTH. In the past 12 months this store Grossed approx. $640,000.00 with a Net of approx. $91,920.00. All numbers can be verified. The store does not have lotto. The sale price does not include approx. $250K in current inventory. (That number can be reduced closer to $100K prior to sale). We are looking for a serious and financially qualified buyer with at least $400K in liquid capital to cover the purchase price, inventory, deposits and working capital
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