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Business for Sale Summary

Great Liquor Store in Richmond County, NY - 29459

Business Type: liquor store/ wine
Great Liquor Store in Richmond County, NY
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $276,498 Lease Remaining Register Free to View
Owner’s Cash Flow $50,614 Number of FT Employees Register Free to View


$125,000 Down and None.

Business Description

Quaint Wine & Liquor Store. This is a growing wine and liquor store located on a main street in nice area, just a few miles off I-278. THE RENT IS ONLY $1,800/MTH. (INCL. TAX AND CAM). The store is 900 sq. ft. with an 800 sq. ft. basement. THERE ARE 12 YEARS LEFT ON THE LEASE (7 5), WITH NO INCREASES. The store was closed down for a while and the current owner re-opened it 3 years ago. Sales have been growing every year since. This store has continued upside. This is a great starter opportunity for someone looking to get into the liquor business. In the past 12 months the business has grossed approx. $300,000.00 with a Net Income of approx. $50,000.00. I nventory is appx. $90,000, not included in the asking price. We are seeking a serious and financially qualified buyers with at least $215K in liquid funds to cover the asking price and inventory. To learn more, please call 1-877-735-5224 for further information. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.