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Businesses For Sale > Business For Sale in Nassau County, New York (NY)

Boutique Wine Store- 29352 for sale in Nassau County, NY

Nassau County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 70,000 $ 203,000 Undisclosed

Business Summary:
Boutique wine store for sale. *MAJOR PRICE REDUCTION* The store was re-branded as a wine boutique just one year ago, and it is paying off. This store is located in a very affluent North Shore Nassau County neighborhood. They have become the go-to experts for rare and/or unique wines. In fact, 25% of the items they carry cannot be found in any other stores in the area. Approx. 80% of their wines are sold at 100% mark-up. This is a store that does low-volume, high-margin sales. It is ideal for a wine aficionado who is not afraid of customer service. The store grossed approx. $203,000.00 in the past year. The seller keeps excellent records, and sales have been growing. The store is 800 sq. ft., with a 700 sq. ft. basement. There are 11.5 years left on the lease, with a rent of only $2,900/month and 3% annual increases. It is located in a strip mall with parking. We are seeking a serious and financially qualified buyer with knowledge of fine wine and at least $125K in liquid funds to cover the asking price, deposits, and some of the $140K inventory. If you meet the criteria, please call 1-877-735-5224. Please visit the location discreetly, and do not mention the sale to the staff.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. kg For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-29352 for instant access to this business information.

 

   
Number of Employees: 2  
   
Owner willing to train: Yes  
   
Reason for selling: Retiring  
   
Seller Reference Number: bm1268715413
BusinessMart.com Listing Number: 239680
 

 

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