Spacious NYC Liquor Store
New York, NY
| Asking Price: | $1,500,000 |
| Cash Flow: | $690,000 |
Listing ID: 2289446Listing provided by BizBuySell
BUSINESS DESCRIPTION
The liquor store was established in 2009 from scratch by the current owner. This is a prime location with unique features that are nearly impossible to find in midtown. The majority of clientele are repeat but the store has plenty of foot traffic. The store has a huge high-margin wine business that comprises of 80% of sales, while spirits make up the difference. A favorable lease is in place. For more information email: prodigytrent@gmail.com
DETAILED INFORMATION
Location
New York, NY
Inventory
Not Included in asking price
Real Estate
Leased
Employees
2
Growth & Expansion
The current owner is old-school. He opens the door and business comes in. The new owner should expand on the online orders. For those who own another liquor store, there is plenty of storage space in the basement.
Financing
There is some seller financing available. for qualified buyers.
Support & Training
The current owner is willing to train and assist in a smooth transition. The owner is willing to stay on for an extended period which will be determined case-by-case.
Reason for Selling
Retirement
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