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Liquor Store In Kings County For Sale

Kings County, New York, US
Asking Price:
$375,000 (USD)
Sales Revenue:
$520,000 (USD)
Cash Flow:
$120,000 (USD)

Liquor Store In Kings County, NY-33227

Calling all first time wine & liquor store buyers or experienced buyers. This low rent, high profit margin Brooklyn, NY store is conveniently located right by a train station and a huge amount of foot traffic daily. Very safe area. No competition. Opening another liquor nearby would cost anyone a high rent. Rent is super low, less than $3,000 a month. Lease is great, and the landlord could get you a new lease. Stocked with $150,000 in inventory, 50% wine and 50% liquor. This business is owner operated. It?s been in the family for more than 20 years. The seller has had it for many years and is now looking to move on to something else. Open 80 hours a week, it requires one full time employee apart from yourself. Inventory is separate, but negotiable, meaning the seller can liquidate as much necessary if you don?t have enough funds for all of it at the moment. When the seller bought the business, the seller had only 15k in inventory to start with, then slowly added more as the inventory was sold. It?s really up to you. The seller will even train you if you are a new buyer with enough for the down payment, rent security deposit and some inventory. Proof of funds will be necessary. Seller will even hold a note for a qualified buyer. The seller will also stay on-board for a transition period to introduce you to clients too. Very solid business with easy ways to show you sales and income.

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.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33227 for instant access to this business information.

Business Operation

Reasons for selling:

Diversifying

Employees:
1FT
Years established:
1997

Other Information

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

225,000.00 Down & 150K @ 7% over 36 mos

Furniture / Fixtures value:
$15,000 (USD)
Inventory / Stock value:
$150,000 (USD)

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