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Business for Sale Summary

High Volume Liquor Store-Queens County, NY - 29891

Business Type: best deals!,must sell/drastic price reduction!,new to market,seller financing available,liquor store/ wine
Owner Financing
High Volume Liquor Store-Queens County, NY
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This business has received 263 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $499,000 Down Payment $300,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $199K over 3 yrs. @ 6%.

Business Description

High Volume Liquor Store. Recently, the store was moved less than one block from its original location. The previous landlord was standing in the way of a sale. They now have a full 10 year lease at a reduced rent of $3,884 for a slightly bigger space. GREAT BENEFIT---NO CON-ED BILL AND NO R/E TAXES. BOTH ABSORBED BY LANDLORD! This is just a "winner" with a outstanding new home. They are in the same neighborhood with the same old customers, plus increased traffic flow. Sales have been growing since the move. In the past year the business grossed approx. $1,200.000 with a cash flow of approx. $200K. We are seeking a serious and financially qualified buyer with at least $465K in liquid funds to cover the $300K downpayment and approx. $165K in inventory. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. 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.