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Boutique Wine Store In New York For Sale

New York
Asking Price:
$99,000 (USD)
Sales Revenue:
$232,737 (USD)
Cash Flow:
$43,775 (USD)

Boutique wine store for sale. The store was re-branded as a wine boutique just one year ago, and it is paying off. This store is located in a very affluent North Shore Nassau County neighborhood. They have become the go-to experts for rare and/or unique wines. In fact, 25% of the items they carry cannot be found in any other stores in the area. Approx. 80% of their wines are sold at 100% mark-up. This is a store that does low-volume, high-margin sales. It is ideal for a wine aficionado who is not afraid of customer service. The store grossed approx. $252,519.00 in the past year, with a net profit of approx. $43,775.00. The seller keeps excellent records, and sales have been growing. The store is 800 sq. ft., with a 700 sq. ft. basement. There are 11.5 years left on the lease, with a rent of only $2,900/month and 3% annual increases. It is located in a strip mall with parking. We are seeking a serious and financially qualified buyer with knowledge of fine wine and at least $180K in liquid funds to cover the asking price, deposits, and some of the $160K inventory. If you meet the criteria
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Wife is retiring early.

Employees:
2

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$75,000 (USD)
Inventory / Stock value:
$160,000 (USD)

Contact Information

    1. Your Address

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