Fantastic Wine and Liquor Store
Asking Price: | $199,999 |
Gross Revenue: | $480,000 |
FF&E: | $40,000 |
Cash Flow: | $100,000 |
Inventory: | $150,000 |
LISTING ID # 36379
Wine & Liquor in Busy Shopping Center. Price Reduced! This is the best liquor store deal in the NY market. Sales have been growing over the past 3 years. The owner is selling due to relocation. In the past year, the store has grossed approx. $480,000.00 with a net income of approx. $100,000.00 (that includes an owner cash flow of $80K, plus an additional $18K in LOTTO commission and delivery service commissions). The seller keeps verifiable records. The store offers 2,000 sq. ft. of space, plus an additional 2,000 sf of storage space. There are 6 years on the lease at a total rent of $5,100/mth. (incl TAX and garbage). The landlord is easy to work with and will extend the lease for a qualified buyer. They have ample parking. We are seeking a serious and financially qualified buyer with at least $299K in liquid funds to cover asking price and approx. $100K in inventory. To learn more, please call the broker. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only, after providing proof of funds for at least $375K!