Fantastic Liquor Store With Option On Property
Location New York,United States
Asking Price Range < $250K
Gross Revenues $529000
Net Profit / Cash Flow $55390
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1932
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Owner is relocating.
Description Fantastic Liquor Store for sale in Suffolk County. This store has been a community landmark since 1930. The current owner has been there for over 30 years. He is only in the business 6-9 hours per week! Located on a very high traffic roadway, this business boasts Gross Sales of approximately $529,000 with a Cash Flow of approximately $55,000 (Run Absentee), $80,000 (with a FT Owner / Operator) These sales are consistent with 2007 sales. This is a stand-alone building with a 300 sq. ft. basement and a 600 sq. ft., one bedroom apartment above the store. The store itself is 1,100 sq. ft. The current owner owns the property and the business and would be willing to offer a 10 year lease (with an option to buy the property). That's a phenomenal deal. Even better, the seller is asking for only $100,000 down (plus inventory, approximately $150K) to get in the door. He is willing to hold a $79,900 note for 5 full years. This is a great deal. Contact today for an appointment!
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
