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High Vol. Wine & Liquor Store - Est. Over 60 Yrs. - 31524 for sale in NY

New York (NY)

Asking Price: Gross: Cash Flow:
$ 739,000 $ 1,150,000 $ 275,000

Business Summary:
High Volume Wine & Liquor Store and Speciality Wine Website for sale in very nice area of Brooklyn (just North of the the Belt Pkwy.) The store is over 60 yrs. old (the current owner has been here for 18 yrs.) It is located on a very busy roadway with a great deal of foot traffic. In the past year the store front and online store have grossed approx. $1,000,000.00 (80% in-store and 20% online) with a net income of approx. $247,000.00. (the margins on the online sales are higher than the brick and mortar retail store) This is a spacious 2,000 sq. ft. store WITH A FULL 2,000 SF BASEMENT. This store is an ideal location to support higher sales volume and storage for good deals. There are 10 years left on the lease at a rent of $4,630/mth. (incl. taxes). The owner has a modern POS system. We are seeking a serious and financially qualified buyer with at least $1 mil. in liquid funds to cover the asking price and approx. $185K in inventory. To learn more, please call or email Mel Vaz today at 877-735-5224 or [email protected] ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK TO ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY! For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-31524 for instant access to this business information.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.

 

   
Number of Employees: 1 FT 3 PT  
   
Owner willing to finance: 739,000.00 Down & Possible for a qualified buyer with good credit and collateral.  
   
Owner willing to train: Yes  
   
Reason for selling: Other Interests.  
   
Seller Reference Number: 31524
BusinessMart.com Listing Number: 238846
 

 

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