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Business for Sale Summary

Established Liquor Store for Sale in New York - 36105

Business Type: misc. retail/non-classifiable,other personal services,liquor store/ wine
Established Liquor Store for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $579,000 Down Payment $579,000
Gross Revenues $1,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$579,000 Down and

Business Description

A 90-year-old liquor store is located in an extremely busy and over-crowded neighborhood in Queens County, New York. Its gross sale is over 1.5 million a year. Its size is 1600 sq. ft. with an equal size of basement. The business sells 40% wine and 60% liquor, with a 40% profit margin. The business undoubtedly has a very loyal clientele. The business is stable with a constant flow of walk-in clientele throughout the day. The seller wants to be into another kind of business. Great opportunity for a buyer who wants to be in the liquor business. After paying all the expenses, the seller's net cash flow is over $250,000 a year. Call Syed at 631-374-7686 for more information.

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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.