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Business for Sale Summary

Profitable Liquor Store for Sale in New York - 36733

Business Type: misc. retail/non-classifiable,other personal services,liquor store/ wine
Profitable Liquor Store for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $700,000
Gross Revenues $1,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $275,000 Number of FT Employees Register Free to View

Financing

$700,000 Down and

Business Description

A 1,200 sq. ft. liquor store is located in New York County, New York. Its gross sales amount to $1.4 million a year, with 60% with of sales from wine and 40% from liquor. The wines yield a significant profit margin.The business has a 10-year lease. The rent amount includes electricity and other expenses. The business operates on a 40% profit margin. this is a unique opportunity to buy a liquor business in a very affluent area where the clientele is willing to purchase very expensive wines. The seller owns several businesses and now finds it hard to manage this liquor business. After paying all the expenses, the seller's net cash flow is $275,000 a year. Call the broker, Syed Ahmed at 631-374-7686, for more information.

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