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Upscale Wine Specialty Store in Great Location
Rockland County, NY |
Listing #10781 |
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| Financial Information (non-confidential) |
| Asking Price |
$130,000.00 |
Gross Revenues |
$229,100.00 |
| Down Payment |
$90,000.00 |
Owner’s Cash Flow |
$51,420.00 |
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Financing: $90,000.00 Down and Seller will hold a note of $ 40,000 @ 6% over 3 years. Sellers wants cost of inventory at closing. Inventory estimated at $75k.
Reason for Selling:Health Issues
Beautiful Rockland County wine specialty store. Great location on busy road. The only wine & liquor store within a 3 mile radius. Located in both a commercial and residential area, just minutes from New Jersey. Web site brings in $ 50,000/year of internet sales. About 75% wine sales, which include a collection of vintage fine and exotic wines. Buyers not required to buy entire inventory of exotic and vintage wines. Local delivery. Regular wine tastings. The store is approx. 1500 Sq ft, clean, very organized and equipped with cameras and security devices. Long lease- 6 years left on lease. Cost $150k to build out 3 years ago.
Health issues force sale. Call Joe Stansky for more information.
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Joseph Stansky Esq
Senior Business Broker
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Servicing Area:
Nassau County, NY
All of NJ
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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. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
