Businesses For Sale > Business For Sale in Nassau County, New York (NY)
Liquor Store with Revenue $2.5M+ for sale in Nassau County, NY
Nassau County, New York (NY)
Asking Price: |
Gross: |
Cash Flow: |
$ 1,100,000 |
$ 2,500,000 |
$ 250,000 |
Furniture and Fixtures Value:
$ 500,000 (included in the asking price)
Business Summary:
A high volume liquor store is for sale in an affluent neighborhood in Nassau County. This store is well established for over 20+ years. The seller owns the property, and although the seller is looking to hold on to the property, they will issue a long term lease and right of first refusal on the building. Revenue at this store is about 2.5 Million with approximately 75% of sales coming from wine. A more aggressive hands on owner would be able to increase sales to greater than 3 Million Dollars per year. They have an excellent selection of wines at this store and their reputation expands far beyond the town they are located in. There is also a beautiful website with online ordering that is included with the purchase of the business. There is big opportunity to develop an online marketing program. Another benefit to a well-funded buyer is that the sellers don’t purchase inventory in big volume and a new owner with stronger purchasing power can likely save a few points on the cost of goods sold having a profound impact on the bottom line. The seller is looking for a cash transaction for the purchase of the business and will finance the inventory on hand. If you are looking for a first class liquor/wine store, in an affluent Nassau County community and a long term lease with the right to purchase the property, please call about listing number 11680.
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Seller Reference Number: 11680
BusinessMart.com Listing Number: 159442 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Ken Stein
Kensington Company & Affiliates
516-626-2211
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