High Volume Liquor Business In New York For Sale

Business description

Mega retail liquor business located in a major commercial
mall in the Rockland / Orange County, New York. The facility
consists of 10,000 square feet with an ultra modern image
and designed to facilitate a high volume of Wine & Liquor
sales. The facility has a huge selection of wines and liquors
including a private wine section for specialized products. The
store also has a convenient loading dock, private offices and
substantial storage. This particular mall has a large number
of national retail stores that attract a huge volume of
shoppers and workers. This particular mall is also scheduled
to expand with additional retail stores which will further
increase the business gross income. The business has a
2010 gross income of $2,788,000 and a net income of
$307,000 to the owner operator. The business equipment
includes walk in refrigerators, a van for delivers, numerous
displays and counters, POS computer system, phone
system, forklift, and is fully equipped to conduct any level of
activity. The facility has a legal capacity for 250 customers
consisting of 10,000 square feet on one floor. Substantial
private mall parking is on the site and part of the lease
agreement. The business is active seven (7) per week with
hours from 10:00 am to 10:00 pm. The business has a
valuable Distribution Liquor licensed which allows liquor
sales to the public. The sale included an eight year lease
term plus additional options, gross yearly rent of $189,812.
This Liquor retail business has an excellent mark up due to
the high percentage of wine sales, offers a delivery service
to its customers and has an average inventory of
approximately six hundred thousand dollars.

Property information

Real Estate:

Lease

Location:

Located in a highly active commercial mall with numerous businesses including national retailers that attract tens of thousands of shoppers yearly.

Premises details:

The facility consists of 10,000 square feet with various sections for different products, a full loading dock, various private offices and substantial mall parking. The facility has abundant shelving space, a huge selection of products including separate rooms reserved high end wines.

Other information

Expansion potential:

With an improved marketing plan & upgrading the delivery service this business can be further developed representing a greater cash flow.

Competition / Market:

No other competitor liquor businesses exist in this general area and a non compete agreement will be supplied by the seller and mall landlord.

Support & training:

The owner will supply a full transitional period and remain post closing for 30 days.

Reasons for selling:

The owner is Retiring after many successful years in this liquor retail industry.

Trading hours:

Seven Day Operation
10:00 am to 10:00 pm

Owner financing:

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

Financing available:

Seller financing is available for a qualified purchaser.

Furniture / Fixtures value:

$375,000 (included in the asking price)

Inventory / Stock value:

$550,000

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