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Financing: $440,000.00 Down and Reason for Selling:Personal Highly Profitable Absentee-Owned Liquor Store – Long Island, NYExcellent opportunity to acquire a well-established liquor store located in the heart of a busy commercial area on Long Island. This spacious 2,800-square-foot store offers an attractive combination of strong sales, favorable rent, a long-term lease, and completely absentee ownership. The business generates approximately $1.1 million in annual gross sales, with approximately 65% of revenue coming from wine and 35% from liquor. The store benefits from an average gross profit margin of approximately 40%. Rent is only $3,200 per month, and the business has a 10-year lease, providing a strong occupancy structure for a new owner. The store features a top-of-the-line interior with an attractive, modern layout and merchandise professionally displayed throughout beautifully designed shelving. The current owner operates multiple businesses in several states and runs this location on a 100% absentee basis. This presents significant upside for a hands-on owner-operator who may be able to further increase sales and profitability through active management and local marketing. After all operating expenses, the seller reports approximately $180,000 in annual net cash flow. This is a rare opportunity to acquire a profitable, established liquor business with strong sales, excellent margins, low rent, and absentee ownership in a desirable Long Island market. For additional information, contact Syed Ahmed at 631-374-7686.
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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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