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Liquor Store for Sale in Kings County, New York
Kings County, NY |
Listing #37504 |
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| Financial Information (non-confidential) |
| Asking Price |
$1,100,000.00 |
Gross Revenues |
$1,500,000.00 |
| Down Payment |
$1,100,000.00 |
Owner’s Cash Flow |
$285,000.00 |
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Financing: $1,100,000.00 Down and
Reason for Selling:personal
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. |
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Syed Ahmed
Senior Business Broker
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Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
