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Business for Sale Summary

Huge Wine & Liquor Store in Orange County, NY - 27533

Business Type: best deals!,new to market,seller financing available,liquor store/ wine
Huge Wine & Liquor Store in Orange County, NY
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Financial Information (non-confidential)

General Information
Asking Price $2,250,000 Down Payment $2,250,000
Gross Revenues $3,275,000 Lease Remaining Register Free to View
Owner’s Cash Flow $450,000 Number of FT Employees Register Free to View

Financing

$2,250,000 Down and Seller financing may be made available to qualified buyers on a case-by-case basis.

Business Description

How many highly successful 7,600 square foot wine & liquor stores do you know of that come with 33 years left on the lease, let alone where the rent escalates only once every five years? All financials can be verified and cross-referenced between tax returns, the POS system and a manual day book. Established 11 years ago, sales and profits continue to grow, and that's without offering lotto, nor making any local deliveries, which would be a cinch for you to add. Furthermore, tremendous upside exists to get into the internet delivery business of wine and liquor from this location, given its extra warehouse space and the loading dock, from which online orders can be fulfilled. While the owners are not desperate to sell, they will entertain offers starting at $2M or more, plus inventory. They believe that their extra-long lease justifies a better than average multiple for this business. Please be very discreet when visiting the store, as its employees and customer do not know it is for sale. The sellers require the listing broker Jay Goldman to obtain Proof of Funds for at least $2M before make an appointment to meet with them.For further information please call 1-877-735-5224.

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.