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Business for Sale

Boutique Wine & Spirits Shop in Manhattan
New York County, NY

Listing #32407

   
Financial Information (non-confidential)
Asking Price $360,000.00 Gross Revenues $1,567,998.00
Down Payment $270,000.00 Owner’s Cash Flow $97,530.00

Financing: $270,000.00 Down and $90,000.00 at 7% over 18 moths

Reason for Selling:Other business interests

Established 14 years ago, this Boutique Wine & Spirits shop in a trendy section of Manhattan specializes in small-production, earth-friendly wines from around the world. It supports smaller, family-run vineyards where true passion and generations of pride go into the winemaking -- where quality is still valued over quantity. The owner, who spends at most 10 hours/week at the shop, has a knowledgeable staff there that basically runs it for him. Should you decide to be more hands on, you could put more money in your pockets through possible staff reductions and continuing to improve the store's already superb customer service. You will find a fine selection of spirits there as well, including small batch whiskeys, which are all the rage these days. Wines and champagnes account for about 85% of sales and spirits around 15%. Upon visiting the location, please do not say anything to the employees or customers, as they do not know the business is for sale. Then, kindly either call, text or email the listing broker, Jay Goldman, to make an appointment to meet with the owner and get a full tour of the facilities. Mr. Goldman can be reached at either 917-912-3282 or jaygoldman@vestedbb.com.
Vested Corporate
Senior Business Broker
1(877) 735-5224
corporate@vestedbb.com
Servicing Area:
This Broker is Servicing All of States
Vested Corporate

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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