High Volume Liquor Store NYC Garment District For Sale

Business description

High volume Liquor store for sale in NYC (Garment District). This 700Sqft Store boasts nearly $1MM in income, well documented. Currently run semi-absentee, new Ten Year Lease with rent approx $5,000/mo. Owner operator can increase sales to $1.5MM within a short period of time with longer hours and increased marketing. Long commute and over seas business obligations force sale. New apartment complexes on block near completion will boost income. For financially qualified buyers, owner financing is available for inventory. Call Today.

Property information

Real Estate:

Lease

Lease terms:

10 year

Leasehold rent:

$60,000 per annum

Location:

Prime high traffic Street, Garment District

Premises details:

Attached Retail 700sqft, 1000sqft storage

Size in square feet:

700

Business Operation

Expansion potential:

Advertising, extended hours, owner operator

Reasons for selling:

Long commute, over seas business obligations.

Trading hours:

monday to wed 10-10 thurs-sat 10-1130 sun 2-9

Employees:

2

Years established:

16

Other information

Support & training:

2 weeks

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Inventory financing available to financially qualified buyers