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This Business has been Sold!
Closing Date: 12/23/2019
Broker: Syed Ahmed
Business for Sale Summary

Liquor Store for Sale in Nassau County, NY - 32366

Business Type: liquor store/ wine
Sold
Liquor Store for Sale in Nassau County, NY
On December 23rd 2019, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $775,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and

Business Description

This impressive looking liquor store is situated at a busy strip mall, which is located in a very affluent neighborhood on Long Island. Its gross sale a year is $750,000 to $800,000: sale from the wine is 80% and from the liquor is 20%. Sells lotto too. As the business sells more wine, so the business is working on a 40% profit margin. A lady is running the business, but a domestic situation is forcing her to sell the business. Rent is $4700, plus the taxes. Interior is awesome and imposing. A great opportunity for a first time liquor store buyer. Seller's net cash flow, after paying all the expenses, is over $130,000 a year. Do not miss this attractive business opportunity as the business in a great neighborhood.

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.