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Business for Sale Summary [Non-Confidential]

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Suffolk County, NY

Business Type: special situations,new to market,retailing businesses,liquor store/ wine

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Non-Confidencial Financial Infomation

  • Asking Price

    $79,000.00

  • Gross Revenues

    $277,891.00

  • Financing

    $ 79,000.00 Down and Negotiable

  • Owner's Cash Flow

    $47,412.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Liquor Store in Suffolk County with Very Low Rent. This store has been around for over 20 years. The store is 1000 sq. ft. with 6 years remaining on lease and a rent of only $1,300 per month (including taxes and maintenance). The store has exposure on two different roadways with front and back entrances and good parking. The current owner is selling because he has invested in another business. This is a great starter store for a first time buyer, family or retiree. Also, there is great growth potential. Just extending the hours would be a big plus. They are only open from 11am to 8 pm most days. In 2010 the store grossed approx. $220,000.00 with a Net Income of approx. $34,813.00. The seller may be willing to hold a note. PLEASE NOTE: THE $99,000 ASKING PRICE DOES NOT INCLUDE APPROX. $100K IN INVENTORY! We are looking for serious buyer only with at least $250k in liquid capital to cover the price of the store, inventory, deposits and working capital. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com!

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