Highly Profitable 4,000 sf Liquor Store Gross $2.9m

Brooklyn, NY
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Asking Price:$1,100,000
Gross Revenue:$2,950,000
Rent:$14,000/Month
Cash Flow:$450,000
Inventory:$800,000
Established Year:2009
BUSINESS DESCRIPTION

New to Market. Must see 4,000 sq ft neighborhood liquor store located in Brooklyn, New York. Established in 2009, owner now looking to retire. Long and favorable lease (19 years left on the lease). Inventory is not included - estimated value is around 800k. Full dry basement. Open 7 days a week. Act fast, high demand. Proof of funds and NDA a must. No seller financing, cash deal


DETAILED INFORMATION
Location
Brooklyn, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Lease Expiration
01/01/2043
Financing
no
Support & Training
yes
Reason for Selling
retirement
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Sam
Kandhorov
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Sam Kandhorov