Existing Wine and Liquor Store in High Traffic Location, Queens, NY

Rego Park, NY
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Asking Price:$395,000
Gross Revenue:$720,000
Rent:$5,800/Month
Cash Flow:$198,000
Inventory:$120,000
FF&E:$30,000
BUSINESS DESCRIPTION

Sell it NOW Opportunity to purchase an established Liquor Store. Owner seeks to sell immediately. Successful and profitable wine and liquor store located in well maintained leased space. Family run business. Owner is retiring. Great opportunity for new owner/manager or entrepreneur looking for an investment. This turnkey business is now ready for a new owner. The shop serves an extremely loyal customer base drawing the neighborhood customers.
With marketing this could be a really great growth opportunity for the right person. Please note no seller financing. Inventory sold separately. Inventory cost will be calculated at closing
Looking to buy or sell your business contact me.

Monthly gross is about $60,000.
Monthly net is about $16,500.
Recently renovated.

Rent is $5,800.
5 years remaining on the lease. Landlord will do extension for prospective owner.
Sq.Ft:1000


Monthly Expenses:
Rent: $5,800.00
Electricity:$300.00
Phone:$100.00
Insurance:$210.00
Garbage:$100.00
Serious Inquires only. Buyer Profile and Financial is a must to purchase.
PLEASE DO NOT CONTACT EMPLOYEES OR MANAGEMENT DIRECTLY WITHOUT SETTING UP SHOWING WITH BROKER.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Rego Park, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/03/2030
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Liquor Stores are highly desirable business opportunities. Moreover, the market for this type of business is very competitive due to high profitability and relative ease of operation.
Reason for Selling
Retiring
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Andrijana
Babic
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Andrijana Babic