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Business for Sale Summary

Spacious Liquor Store For Sale in New York - 35453

Business Type: absentee business,beer distributor,seller financing available,liquor store/ wine
Owner Financing
Spacious Liquor Store For Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $300,000
Gross Revenues $730,000 Lease Remaining Register Free to View
Owner’s Cash Flow $151,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and

Business Description

Looking for a lucrative investment opportunity? Look no further than this 2800 sq. ft. liquor store located in the heart of a bustling commercial area on Long Island. With rent set at just $2900 per month and a 10-year lease, this store boasts a gross annual sale of over $725,000. The business specializes in wine and liquor sales, with wine accounting for 65% of sales and liquor accounting for 35%. With an average profit margin of 40%, this business is a surefire moneymaker. The store has a top-of-the-line interior, with merchandise displayed on beautifully decorated shelves. Don't miss out on this once-in-a-lifetime opportunity to acquire a profitable liquor store with low overhead and plenty of space. The current owner operates multiple businesses in several states and is absentee, making this a turnkey investment opportunity. With a net cash flow of $150,000 per year, this is a great opportunity for a qualified buyer. The seller may even hold a note for a limited amount toward the inventories. Call or text Syed at 631-374-7686 for more information today.

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.