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Business for Sale Summary

Fine Wine & Liquor Store **MAJOR PRICE REDUCTION** - 28423

Business Type: retailing businesses,misc. retail/non-classifiable,special situations,best deals!,new to market,liquor store/ wine
Fine Wine & Liquor Store **MAJOR PRICE REDUCTION**
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Financial Information (non-confidential)

General Information
Asking Price $179,000 Down Payment $179,000
Gross Revenues $805,059 Lease Remaining Register Free to View
Owner’s Cash Flow $147,061 Number of FT Employees Register Free to View


$179,000 Down and None.

Business Description

Fine Wine & Liquor Store in the Hamptons. **MAJOR PRICE REDUCTION** This quaint 1,000 sq. ft. store has been established for over 3 years and has built a reputation for rare and high end wines. People are not afraid to spend in this area. The store has a state-of-the art POS System that tracks sales and inventory. There is a back storage room. 15 YEARS REMAIN ON THE LEASE WITH A RENT OF ONLY $2,779/MTH. In the past 12 months this store Grossed approx. $865,559.00 with a Net of approx. $147,061.00. AL NUMBERS CAN BE VERIFIED! The store does not have LOTTO. The sale price does not include approx. $250K in current inventory. (That number can be reduced closer to $100K prior to sale). We are looking for a serious and financially qualified buyer with at least $450K in liquid capital to cover the purchase price, inventory, deposits and working capital.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.