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Business for Sale Summary

High End Wine & Liquor Boutique ***PRICE REDUCED** - 28161

Business Type: misc. retail/non-classifiable,other eating & drinking places,best deals!,new to market,liquor store/ wine
High End Wine & Liquor Boutique ***PRICE REDUCED**
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Financial Information (non-confidential)

General Information
Asking Price $89,000 Down Payment $89,000
Gross Revenues $276,498 Lease Remaining Register Free to View
Owner’s Cash Flow $48,539 Number of FT Employees Register Free to View


$89,000 Down and None. Inventory of approx. $75K NOT included in asking price.

Business Description

High End Wine & Liquor Boutique. ***PRICE REDUCTION*** This growing wine and liquor store is in a great shopping center on the affluent N.Shore of Nassau County. It is just North of the Long Island Expressway, right off the exit ramp. The current owner built this store from scratch just 2 years ago with a partner. Unfortunately the partner left after year one and the owner has had limited time to operate the store and work his primary job. That is the reason for the sale. In year one, sales were approx. $200K. Last year (year two), sales were approx. $300,000.00 with a cash flow of approx. $45,000.00. This store has great upside for an owner/operator. It is beautifully furnished with high-end finishes. YOU DO NOT HAVE TO SPEND A PENNY ON RENOVATIONS. The store is completely turn-key. It is a great starter opportunity for someone looking to get into the liquor and wine business. The rent is only $4,100/mth. (incl. taxes and CAM). Please note that all sales were achieved with little to no advertising. BUILDING A STORE LIKE THIS WOULD EASILY COST OVER $150K AND TAKE OVER 1 YEAR TO OBTAIN ALL PERMITS, IF YOU ARE EVEN ABLE TO OBTAIN A LIQUOR LICENSE. Inventory is approx. $85,000, NOT included in the asking price. We are looking for a serious and financially qualified buyer with at least $180K in liquid funds. Please call 1-877-735-5224 for further information.

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, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.