Wine and Liquor Store in New York
Asking Price: | $650,000 |
Gross Revenue: | $1,129,908 |
FF&E: | $100,000 |
Cash Flow: | $260,000 |
Inventory: | $300,000 |
Established Year: | 2009 |
Wine and Liquor Store in New York
LISTING ID # 30404
Fully renovated and meticulously maintained, this thriving wine and liquor store located in Kings County, NY, boasts 11 years of successful operation. Offering a sleek and modern interior equipped with brand-new refrigeration units, central air conditioning, heating systems, and a cutting-edge POS system, this establishment caters to both connoisseurs and casual enthusiasts alike. With a sales distribution of 60% wine and 40% spirits, supplemented by a lucrative lottery commission generating $20k annually, this store capitalizes on its prime location within a high-traffic, affluent neighborhood. Managed by two partners, one of whom is dedicated full-time, the business ensures seamless operations with the added security of a comprehensive security system and high-quality sound system. The landlord is amenable to negotiating a new 5-year lease with a 5-year option, providing stability and opportunity for growth. Furthermore, the option to purchase inventory at a reduced rate offers flexibility for prospective buyers. Positioned within an exceptionally sought-after locale, this opportunity presents undeniable potential for a savvy investor. Serious inquiries require proof of funds totaling at least $500k for a confidential discussion with the owner.
Specialty Wines & Liquors for Sale in Kings County
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Liquor Store For Sale in AAA Brooklyn Location
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Kid to Kid
Available Nationwide
FranchiseCash Required: $100,000