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Business for Sale Summary

Great Liquor Store with Full Basement - 24704

Business Type: retailing businesses,liquor store/ wine,special situations,best deals!,new to market
Great Liquor Store with Full Basement
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Financial Information (non-confidential)

General Information
Asking Price $180,000 Down Payment $180,000
Gross Revenues $363,664 Lease Remaining Register Free to View
Owner’s Cash Flow $70,184 Number of FT Employees Register Free to View


$180,000 Down and None (sale price does NOT include approx $100K in Inventory)

Business Description

Great Liquor Store with Full Basement. This store has been established for over 20 years in a very high traffic shopping strip right off of the Long Island Expressway. It is an upper-middle class neighborhood. The store is approx. 1,000 sq. ft. feels larger than that. There is also a full 1,000 sq. ft. basement stocked with inventory. In the past 12 months this store Grossed approx. $350,000.00 with a Net of approx. $60,000.00. The sale price does not include approx. $100K in inventory. The current owner took over the store less than 2 years ago and has totally redesigned the store. Sales have been growing consistently. He is selling to free up capital for another opportunity. We are looking for a serious and financially qualified buyer with at least $280K in liquid capital to cover the purchase price, inventory, deposits and working capital. Call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com to learn more!

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.