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Established Wine and Liquor Store - 31099 for sale in Schenectady County, NY

Schenectady County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 215,000 $ 575,000 $ 87,000

Furniture and Fixtures Value:
$ 20,000 (not included in the asking price)

Inventory Value:
$ 125,000 (not included in the asking price)

Business Summary:
Great Wine & Liquor Store - Established 23 years. This store is located in a large shopping center with ample parking. It is surrounded by a dense residential area with very loyal clientele. Known for its variety of liquor, wines and other related products, this well-established liquor store combines convenience and friendly service into a great investment for buyer looking to own a liquor store. The store is a spacious 1,800 sq. ft. with a rent of only $2,250/MTH. There are 12 years left on the current lease plus options. The current owner has been here for 8 years and added many improvements, including a state-of-the-art POS System, camera system, new carpeting, and wooden shelving in the storage area. LOTTO was also added in 2012. In the past year, the business grossed approx. $575,000.00 with a cash flow of approx. $87,000 (for an owner/operator w/ some part-time weekend help). The store has steady sales with a strong upside. The sale also includes the store website. We are seeking a serious and financially qualified buyer with at least $340K in liquid funds to cover the $215k asking price and approx. $125K in inventory. 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-31099 for instant access to this business information.

 

   
Number of Employees: 2  
   
Owner willing to train: Yes  
   
Reason for selling: Time constraints.  
   
Seller Reference Number: 31099
BusinessMart.com Listing Number: 237209
 

 

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