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This Business has been Sold!
Closing Date: 03/14/2012
Broker: Jim Aloi
Business for Sale Summary

Liquor Store - 20212

Business Type: bar/tavern/night clubs,liquor store/ wine,misc. retail/non-classifiable
Sold
Liquor Store
On March 14th 2012, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $79,000 Down Payment $79,000
Gross Revenues $260,000 Lease Remaining Register Free to View
Owner’s Cash Flow $52,140 Number of FT Employees Register Free to View

Financing

$79,000 Down and

Business Description

This new and growing Liquor store is located in the Wantagh area of Nassau County. It is located on busy main road with great visibility. It sells 60% wine and 40% liquor with decent margins. The store is about 1500 feet with storage. This store is easily run by one person at a time. The buyer can add lotto, better signs, more inventory, and advertise and promote this great store. Build out and fixtures were over 100k. There is an average of $100,000 for inventory. Contact broker Jim Aloi Price $110k plus inventory............

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.