Liquor Store for Sale in Kings County, NY

Kings County, NY
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Asking Price:$250,000
Gross Revenue:$600,000
FF&E:$15,000
Cash Flow:$140,000
Inventory:$150,000
Established Year:2001
BUSINESS DESCRIPTION

LISTING ID # 33227

Calling all first time wine & liquor store buyers or experienced buyers. This low rent, high profit margin Brooklyn, NY store is conveniently located right by a train station and a huge amount of foot traffic daily. Very safe area. No competition. The rent is phenomenal, only $2,956/ month. The landlord is willing to offer a brand new lease to a well-qualified tenant with good credit. Stocked with approx. $150,000 in inventory, 50% wine and 50% liquor. This business is owner operated. It has been in the family for more than 20 years. The seller has had it for many years and is now looking to move on to something else. Open 80 hours a week, it requires one full time employee apart from yourself. Inventory is separate, but negotiable, meaning the seller can liquidate as much as necessary if you do not have enough funds for all of it at the moment. The seller will even train you if you are a new buyer with enough for the down payment, rent security deposit and some inventory. Proof of funds will be necessary. The seller will also stay on-board for a transition period to introduce you to clients too. We are seeking a serious and financially qualified buyer with at least $499K in liquid funds to cover the asking price and some basic inventory. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!


DETAILED INFORMATION
Location
Kings County, NY
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Divesting
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd