Business Summary:
Business sells wines (70%) and liquors (30%) to an upper middle class clientele in an increasinly upscale neighborhood Approximately 40% of the business is charge. There is a strong selection of wines at a variety of price points. This store has been at this location for almost 50 years and the current owner has had this store for 19 years.
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| Year
Business was Established: 1988 |
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| Facilities / Terms of Lease:
Business occupies 1,700 square feet on the first floor of a multi-story residential building. Two luxury high-rise condominiums- each over 30 stories located two blocks south of the store-are nearing occupancy. The store draws a wide clientele from Columbus Ave to Riverside Drive. |
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| Potential
Growth/Expansion:
Advertising, regular wine tastings, increased delivery and an internet presence would all contribute to sales and profit. |
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| Owner
willing to finance:
No |
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| Owner
willing to train:
30 days |
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| Reason for selling:
Retirement |
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Seller Reference Number: MABM38HB
BusinessMart.com Listing Number: 37412 |
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