Highly Profitable Queens Liquor Store: Substantial Net Profits

Queens, NY
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Asking Price:$550,000
Gross Revenue:$786,211
Cash Flow:$252,596
Rent:$46,206/Year
BUSINESS DESCRIPTION

HS Listing ID-61313

Rapid Revenue Growth: Achieved gross revenue of $786,211.63 within the first eight months of operation, demonstrating a strong market entry and customer acceptance.

Significant Investment in Infrastructure: Comprehensive renovations including lighting, HVAC, bathroom, and flooring upgrades, enhancing the store’s appeal and functionality.

High Traffic Location: This business boasts a strategic location that ensures a steady stream of customers day in and day out, enhancing potential sales and profit margins.

Recession-Resistant: Discover the benefits of investing in a recession-proof industry. This opportunity is ideal for investors seeking a stable venture with dependable returns, positioned to capitalize on the enduring demand for alcoholic beverages.

Value Add Opportunities:
Streamlined Operations with Professional Staffing: Implement semi-absentee ownership by hiring essential roles like a store manager and skilled sales associates. This approach maintains high service standards and allows for remote management, positioning the business for efficient operation and appealing to buyers seeking minimal owner involvement.

E-commerce and Digital Expansion:
Utilize the owned domains to establish a comprehensive online sales platform. This expansion can significantly increase the store’s reach beyond local customers, tapping into a broader market of online buyers. Enhancing the website with features like online ordering, delivery options, and exclusive online promotions could drive additional revenue streams.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.


DETAILED INFORMATION
Location
Queens, NY
Inventory
Not Included in asking price
Real Estate
Leased
Support & Training
Yes.
Reason for Selling
Other business interests.
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Corey
Hartman
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Corey Hartman