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Historic Liquor Store in Suffolk County. This store has been a community landmark since 1930. The current owner has been there for over 30 years. He is only in the business 6-9 hours per week! Located on a very high traffic roadway, this business boasts Gross Sales of approx. $529,000.00 with a Cash Flow of approx. $55,000.00 (Run Absentee), $80,000 (with a FT Owner/Operator) These sales are consistent with 2007 sales. This is a stand-alone building with a 300 sq. ft. basement and a 600 sq. ft., one bedroom apartment above the store. The store itself is 1,100 sq. ft. The current owner owns the property and the business and would be willing to offer a 10 year lease (with an option to buy the property). That's a phenomenal deal. Even better, the seller is asking for only $100,000.00 down (plus inventory, approx. $150K) to get in the door. He is willing to hold a $79,900.00 note for 5 full years. This is a great deal.
For more information about this business for sale, click the Contact Seller button.
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