Liquor Store for Sale in Kings County, New York - 37504 Business Type: gift and specialty retail,misc. retail/non-classifiable,liquor store/ wine
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,100,000 | Down Payment | $1,100,000 |
| Gross Revenues | $1,500,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $285,000 | Number of FT Employees | Register Free to View |
Financing
$1,100,000 Down and
Business Description
A 2800 sq.ft. liquor store is located in the midst of a very busy commercial zone in Brooklyn. It sells $130,000 a month in gross sales, with 30% wine and 70% liquor and a profit margin of 30%. The surrounding area is overly busy due to the presence of nationally known supermarkets and many other retail franchises. This is the only liquor store in that area. The lease is for 15 years, and the rent includes electricity and water bills. The business also has lotto too. The seller owns multiple businesses and wants to sell because he can't fully focus on this one. After paying all the expenses, the seller's net cash flow is $285,000 a year. Call Syed at 631-374-7686 for more information.
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.
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