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This Business has been Sold!
Closing Date: 05/10/2019

Business for Sale Summary

Unique Wine Shop in Suffolk County, NY - 29853

Business Type: other eating & drinking places,must sell/drastic price reduction!,liquor store/ wine
Sold
Unique Wine Shop in Suffolk County, NY
On May 10th 2019, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NJ and 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 $50,000 Down Payment $50,000
Gross Revenues $115,000 Lease Remaining Register Free to View
Owner’s Cash Flow $23,000 Number of FT Employees Register Free to View

Financing

$50,000 Down and None.

Business Description

Quaint and unique wine shop for sale. *PRICE REDUCED* This is a very different kind of wine shop that you must visit to appreciate. It is located in a quaint area, with great foot traffic. It is ideal for a retiree, wine aficionado/sommelier, or first-time owner/operator. YOU CAN OPERATE THE STORE "AS IS" OR RELOCATE WITHIN THE AREA TO A BIGGER LOCATION. In fact, you could start on online or delivery business to expand. The current owner has been here for three years, but the store has been established for eight years, in total. There are five years remaining on the current lease, but this can be extended for a qualified tenant. The rent is only $760/month for a 100 sq. ft. space. Delivery and online sales can be added. We are seeking a serious and financially-qualified buyer with at least $70K in liquid funds to cover the asking price and inventory. To learn more, please call the broker at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. kg

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.