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This Business has been Sold!
Closing Date: 03/25/2024
Business for Sale Summary

Growing Wine and Liquor Store For Sale in New York - 35447

Business Type: beer distributor,general merchandise store,other food stores,liquor store/ wine
Sold
Growing Wine and Liquor Store For Sale in New York
On March 25th 2024, The Undersigned
Acted as the Advisor to the Deal
Nathan F. Goldstein
Nathan F. Goldstein Senior Broker
Servicing: All of NY
All of CT
All of PA
All of NH
All of ME
All of OH
All of NC
All of MS
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 $550,000 Down Payment $550,000
Gross Revenues $970,000 Lease Remaining Register Free to View
Owner’s Cash Flow $208,000 Number of FT Employees Register Free to View

Financing

$550,000 Down and

Business Description

Looking for a profitable liquor store in a busy area of Kings County, New York? This is a rare opportunity to own one! This well-established store is located near public transportation and has a strong focus on wine, accounting for 70% of sales, with the remaining 30% in liquor sales. The overall gross profit margin is an impressive 46.5%. The business has great potential to increase cash flow through expanding online and delivery sales, and by having an owner-operator. The store is currently being managed by full-time employees, so a hands-on owner could bring the business to the next level. Qualified Buyer must have good financials and good credit score for landlord Don't miss out on this opportunity! For more information, call Nathan Goldstein at 1-877-735-5224.

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.

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.