Profitable Wine & Liquor Store for Sale in Queens, New York

Queens County, NY
listing image
Asking Price:$400,000
Gross Revenue:$850,000
Rent:$6,500/Month
Cash Flow:$180,000
Inventory:$200,000
BUSINESS DESCRIPTION

This Liquor store is a awesome opportunity!!!
Located on one of the busiest Main streets in Queens, lots and lots of foot traffic (Jamaica Ave).
5 minutes Walking distance from the Lirr, JFK air train, Subways, and by the Court district.
New Lease 5 + 5 Yrs
Monthly Rent $6,500
Store Size 1,400 Sq Ft. plus (Full Basement)
Lottery Yearly Sales $650,000
Inventory Approx. $200,000
Liquor/Wine 55/45, Average Margin 40%
Cash/Credit 55/45
Employees: 2 full time employees

Lots of Potential!


DETAILED INFORMATION
Location
Queens County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Employees
2
Reason for Selling
Retire
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Kevin Jiang
Kevin Jiang