Business Summary:
Once in a lifetime opportunity to own a prime location liquor and wine store on Long Island. Owner has been in same location for over 30 years with a new 15 yr lease at substantially undermarket rent. Store is high volume and tremendous net with well balanced sales.
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| Year
Business was Established: 1977 |
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| Facilities / Terms of Lease:
Liquor and wine store with racks and cases throughout for a fine selection of both. Accessable off major parkways, on a very heavily traveled avenue with access to store from both sides of street without any obstructions. Plenty of parking with ancilliary lots available for dozens of overflow cars. |
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| Potential
Growth/Expansion:
Outstanding growth for someone interested in expanding the wine and specialty wine offerings |
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| Competition:
Limited...no big stores in the area. |
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| Owner
willing to finance:
Financing Available to Qualified Buyer with 40% down on purhase price plus full value of inventory at cost at the time of closing. |
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| Owner
willing to train:
Complete training and support available. Some industry experience is beneficial for this buy storefront |
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| Reason for selling:
Retirement...Owner has been in business in excess of 30 years |
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Seller Reference Number: 61206
BusinessMart.com Listing Number: 62302 |
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