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Business for Sale Summary

Wine and Liquor Store - 30404

Business Type: liquor store/ wine
Wine and Liquor Store
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Financial Information (non-confidential)

General Information
Asking Price $265,000 Down Payment $265,000
Gross Revenues $750,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$265,000 Down and Negotiable

Business Description

Wine and liquor store for sale in Kings County, NY. In business for eight years. Totally renovated with all new refrigeration units, central air conditioning and heating units and POS system. This store does 60% wine sales, 40% hard liquor. Lotto generates $20k in commission. High-traffic area. Seller will sell down inventory, if needed by the buyer. Two partners run this business full time. Security system and sound system installed. A new owner will have option of a five-year lease, with five-year option, at $6,300 per month, or 10-year lease with five-year option, at $6,500 per month. Some inventory flexibility. This is an extremely "hot" neighborhood. Contact broker Joseph Stansky for more details.

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. 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.