Financing: $500,000.00 Down and $150,000 over 2 years @ 6%
Reason for Selling:health and partner
Fully renovated and meticulously maintained, this thriving wine and liquor store located in Kings County, NY, boasts 11 years of successful operation.
Offering a sleek and modern interior equipped with brand-new refrigeration units, central air conditioning, heating systems, and a cutting-edge POS system, this establishment caters to both connoisseurs and casual enthusiasts alike.
With a sales distribution of 60% wine and 40% spirits, supplemented by a lucrative lottery commission generating $20k annually, this store capitalizes on its prime location within a high-traffic, affluent neighborhood.
Managed by two partners, one of whom is dedicated full-time, the business ensures seamless operations with the added security of a comprehensive security system and high-quality sound system.
The landlord is amenable to negotiating a new 5-year lease with a 5-year option, providing stability and opportunity for growth. Furthermore, the option to purchase inventory at a reduced rate offers flexibility for prospective buyers.
Positioned within an exceptionally sought-after locale, this opportunity presents undeniable potential for a savvy investor.
Serious inquiries require proof of funds totaling at least $500k for a confidential discussion with the owner. For further information and to arrange a viewing, please contact broker Joseph Stansky at 631-383-3109.
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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.