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This Business has been Sold!
Closing Date: 05/29/2013
Broker: Jim Aloi
Business for Sale Summary

Wine & Liquor Store - 22729

Business Type: liquor store/ wine,must sell/drastic price reduction!
Sold
Wine & Liquor Store
On May 29th 2013, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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Financial Information (non-confidential)

General Information
Asking Price $49,000 Down Payment $49,000
Gross Revenues $160,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,560 Number of FT Employees Register Free to View

Financing

$49,000 Down and TBD

Business Description

Suffolk 1100 SF Wine and Liquor store now 90 percent wine sales buyer can add more inventory and liquor and grow store sales overnight. Buyer can add more stock and grow business. This great low overhead store is available for a asking price of $75k plus inventory which is about $50k. This store has a 15 year remaining lease and offers great parking and location in busy shopping strip. They offer a diverse line of select hand picked wines and offer wine tasting the also offer food and wine pairing suggestions. This store has a empty store next to it available that's 2200sf which may be available next door for a buyer that may wish to expand.

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.