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Business for Sale Summary

Affordable Wine & Liquor Store - 36321

Business Type: misc. retail/non-classifiable,misc. service/non-classifiable,other eating & drinking places,liquor store/ wine
Affordable Wine & Liquor Store
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Financial Information (non-confidential)

General Information
Asking Price $129,000 Down Payment $129,000
Gross Revenues $277,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,000 Number of FT Employees Register Free to View

Financing

$129,000 Down and

Business Description

Affordable Wine & Liquor Store on the Finger Lakes. Are you retired, semi-retired, a remote worker seeking another stream of income in the picturesque tranquility of upstate NY? Then you have found the right business to keep you busy, but not too busy. This is a fully licensed wine and liquor store with very limited competition in a beautiful town located on the Finger lakes. This store has been open for 3 years and has developed a great reputation with locals as well as the summer residents. This store sees an influx of boaters, anglers and campers in the summer months, but has year round residents as well. Sales have been slowly growing, but the owner has a full-time job and cannot be here. Now that he is moving, you have the opportunity to come in as an owner-operator. In the past year the business grossed approx. $277,000.00 with an owner-operator cash flow of approx. $40,000.00. There are 3 years left on the current lease, but that can be extended for a well-qualified buyer. The rent is only $1,200/mth. You WILL NOT find another liquor store in this price range with such low rent! Liquor licensing is not easy to obtain in NY state. This is your opportunity to get in cheap. We are seeking a serious and financially qualified buyer with at least $200K in liquid capital to cover the $129K asking price and approx. $75K in inventory. Proof of funds will be required before any buyer-seller calls or meetings will be scheduled. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet and meetings must be scheduled by appointment only!

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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.