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Profitable Liquor Business In New York County For Sale

New York County, New York, US
Asking Price:
$1,499,000 (USD)
Sales Revenue:
$1,680,000 (USD)
Cash Flow:
$500,000 (USD)

Listing ID # 33480

This very profitable Liquor and Wine store has been in business for 17 years and is located on an extremely busy avenue in Manhattan near several colleges. Location is ideal - only liquor store around. The current owner has been running the store for 7 years. Current owner has streamlined the business and has increased his profit margins to over 40%. With only 2 full time and 3 part time employees, the payroll is low. There is a great deal of foot traffic as well as thousands of affluent residents within walking distance. Owner also implemented a very robust delivery service which consists for almost 50% of sales. No other liquor stores can open within a 5 block radius from the store so you have a built in customer base. At just under 1000 square feet, the rent is reasonably priced and the Landlord will extend the lease for the new owner to 10 years, There is a full sized basement for extra storage, an office and private bathroom. This is a Must see for anybody looking for a very profitable essential business in Turn Key condition. The entire business is very well run and a new owner will have an easy time getting getting used to the operation. The owner insists on total secrecy about the sale so you must first contact me to get information. Proof of funds for 50% will be required before obtaining additional information, To set up an appointment to see the store and speak with the owner, please contact Ross Lombardo.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33480 for instant access to this business information.

Business Operation

Reasons for selling:

Partner dispute

Employees:
2FT/3PT
Years established:
2003

Other Information

Support & training:

Seller will train

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

1,499,000.00 Down &

Furniture / Fixtures value:
$150,000 (USD)
Inventory / Stock value:
$240,000 (USD)

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