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Business for Sale Summary

Liquor Store for Sale in Kings County, NY - 33227

Business Type: seller financing available,liquor store/ wine
Liquor Store for Sale in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $375,000 Down Payment $225,000
Gross Revenues $600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$225,000 Down and 150K @ 7% over 36 mos

Business Description

Calling all first time wine & liquor store buyers or experienced buyers. This low rent, high profit margin Brooklyn, NY store is conveniently located right by a train station and a huge amount of foot traffic daily. Very safe area. No competition. Opening another liquor nearby would cost anyone a high rent. Rent is super low, less than $3,000 a month. Lease is great, and the landlord could get you a new lease. Stocked with $150,000 in inventory, 50% wine and 50% liquor. This business is owner operated. It?s been in the family for more than 20 years. The seller has had it for many years and is now looking to move on to something else. Open 80 hours a week, it requires one full time employee apart from yourself. Inventory is separate, but negotiable, meaning the seller can liquidate as much necessary if you don?t have enough funds for all of it at the moment. When the seller bought the business, the seller had only 15k in inventory to start with, then slowly added more as the inventory was sold. It?s really up to you. The seller will even train you if you are a new buyer with enough for the down payment, rent security deposit and some inventory. Proof of funds will be necessary. Seller will even hold a note for a qualified buyer. The seller will also stay on-board for a transition period to introduce you to clients too. Very solid business with easy ways to show you sales and income. Kindly upgrade your vestedbb.com membership to premium to get the address. Contact Boris Teodoro at 877-735-5442 for more info.

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.