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Business for Sale Summary

Absentee Liquor Store- Queens County, NY - 27453

Business Type: absentee business,best deals!,new to market,liquor store/ wine
Absentee Liquor Store- Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $199,000
Gross Revenues $725,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View


$199,000 Down and Possible.

Business Description

Absentee Liquor Store in Great Location. **PRICE REDUCTION** The owner started this 2 yrs. ago, but owns another store where he must spend most of his time. It is 1,400 sq. ft. with 8 yrs. remaining on the lease, at a rent of $5,500/mth. Sales have increased approx. 3-4% per month since opening. He would prefer not to sell, but must, as he does not have the time to pay full attention to the store. This is truly a turn-key store. In the first full year of operation, the business grossed approx. $725K with a cash flow of approx. $75K for an absentee owner. A full-time owner/operator can reduce payroll immediately. In fact, that is the buyer we are seeking- a full-time owner/operator or family. You must have at least $350K in liquid funds to cover the $199K asking price and approx. $150K to cover inventory. If you meet the criteria, please call 1-877-735-5224 to speak with the broker.

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.

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.