Business for Sale

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Business for Sale Summary [Non-Confidential]

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New York County, NY

Business Type: seller financing available,special situations,best deals!,new to market,retailing businesses,liquor store/ wine,misc. retail/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $1,400,000.00

  • Gross Revenues

    $3,323,534.00

  • Financing

    $ 1,000,000.00 Down and at 7% over 4 years

  • Owner's Cash Flow

    $353,928.00

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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

ONE OF MANHATTAN'S LONGEST ESTABLISHED WINE & LIQUOR STORES. Solidly profitable, IT GROSSED $3.6M in 2010, has shown STEADY GROWTH year over year and still has plenty of upside. 2500 sq ft of floor, counter and office space at ground level. 2500 sq ft of storage space in basement. PROOF OF FUNDS A MUST. The seller is WILLING TO ACCEPT $1M DOWN (plus value of inventory -- approximately $500K) and finance the balance of $400K at terms to be negotiated with an appropriate buyer. Seller's name and address can only be obtained after buyer signs seller's own confidentiality agreement. INVENTORY NOT INCLUDED IN PRICE. After 35 years of ownership, seller is ready to retire.

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