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Business for Sale Summary

Great Liquor Store for sale in Suffolk County - 32455

Business Type: misc. retail/non-classifiable,liquor store/ wine
Great Liquor Store  for sale in Suffolk County
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Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $299,000
Gross Revenues $620,000 Lease Remaining Register Free to View
Owner’s Cash Flow $114,000 Number of FT Employees Register Free to View

Financing

$299,000 Down and ASKING PRICE IS NEGOTIABLE! DOES NOT INCLUDE APPROX. $150K OF INVENTORY.

Business Description

Great Liquor Store off Expressway. Sales are surging due to Covid. This is the first liquor store you will see coming off the Long Island Expressway at this particular exit. It is 1,200 sq. ft. with a 10 year lease (5 5) at a rent of only $3,160/mth. The current owner built this store himself 6 years ago and has shown steady growth over that time. In the past year the business grossed approx. $620,000.00 with a cash flow of approx. $114,000.00. We are seeking a serious and financially qualified buyer with at least $449K in liquid funds to cover the asking price and approx. $150K in inventory. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

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.