Established Liquor Store for Sale
Nassau County, NY

Financing: $850,000.00 Down and

Reason for Selling:Disagreement within the partners

A 3,000 square-foot liquor store is located in an extremely busy commercial zone on Nassau County, New York. It also has a 4,000 sq.ft. parking space. Adjacent to the liquor store is a 500-square-foot space that could be developed into a full-fledge convenience store, carrying lottery, beer, tobacco, and other similar items. Rent is $7500 per month plus real estate taxes; the lease is for 10 years plus an additional 5-year option. Its gross sales are $1.4 to $1.5 million, with an overall profit margin of 30%. Sales are evenly split between liquor and wine, each accounting 50%. Because the front of the parking is huge, the seller rents it out to 4-5 vans and trucks, generating close to $2,000 a month. This is an excellent location, surrounded by numerous potential , such as opening a convenience store. However, due to disagreement between the partners, they are forced to sell. After paying all the expenses, the seller's net cash flow is over $200,000 a year. Call the broker, Syed Ahmed at 631-374-7686, for more information.

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