Financing: $99,000.00 Down and None. Inventory of approx. $85K NOT included in asking price.
Reason for Selling:Partner left. No time.
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. Since opening, the store has shown consistent sales growth.
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 $185K in liquid funds.
Please call 1-877-735-5224 for further information.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.