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Business for Sale Summary

Boutique Wine Store for Sale in Nassau County, NY - 29352

Business Type: illness forces sale!,misc. retail/non-classifiable,misc. servicel/non-classifiable,must sell/drastic price reduction!,other personal services,liquor store/ wine
Boutique Wine Store for Sale in Nassau County, NY
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Financial Information (non-confidential)

General Information
Asking Price $50,000 Down Payment $50,000
Gross Revenues $203,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$50,000 Down and SELLER WILL ENTERTAIN ANY REASONABLE OFFER!

Business Description

Boutique wine store for sale. *MAJOR PRICE REDUCTION* The store was re-branded as a wine boutique just two years ago. This store is located in a very affluent North Shore Nassau County neighborhood. Approx. 80% of their wines are sold at 100% mark-up. This is a store that does low-volume, high-margin sales. The store grossed approx. $203,000.00 in the past year. The seller keeps excellent records. The store is 800 sq. ft., with a 700 sq. ft. basement. There are 11.5 years left on the lease, with a rent of only $2,900/month and 3% annual increases. It is located in a strip mall with parking. A brand new restaurant is being build right next door. This business a steal at $50K. You WILL NOT find a lower priced liquor store on the market in such a great demographic. Adding e-commerce and local delivery to the business would be ideal. We are seeking a serious and financially qualified buyer with liquid funds to cover the asking price, deposits, and the $50K inventory. Please visit the location discreetly, and do not mention the sale to the staff.

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.