Affordable Wine & Liquor Store

Cayuga County, NY
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Asking Price:$89,000
Gross Revenue:$277,000
FF&E:$10,000
Cash Flow:$40,000
Inventory:$75,000
Established Year:2021
BUSINESS DESCRIPTION

LISTING ID # 36321

Affordable Wine & Liquor Store on the Finger Lakes. Price Reduced. This is the most affordable wine & liquor store you will for sale in all of NY State! A great base of operations for an online wine and liquor store. Are you retired, semi-retired, a remote worker seeking another stream of income in the picturesque tranquility of upstate NY? Then you have found the right business to keep you busy, but not too busy. This is a fully licensed wine and liquor store with very limited competition in a beautiful town. This store has been open for 3 years and has developed a great reputation with locals as well as the summer residents. This store sees an influx of boaters, anglers and campers in the summer months, but has year-round residents as well. Sales have been slowly growing, but the owner has a full-time job and cannot be here. Now that he is moving, you have the opportunity to come in as an owner-operator. In the past year the business grossed approx. $277,000.00 with an owner-operator cash flow of approx. $40,000.00. There are 3 years left on the current lease, but that can be extended for a well-qualified buyer. The rent is only $1,200/mth. The main floor is 400 sf with an additional 1,000 sf basement. You WILL NOT find another liquor store in this price range with such low rent! Liquor licensing is not easy to obtain in NY state. This is your opportunity to get in cheap. We are seeking a serious and financially qualified buyer with at least $150K in liquid capital to cover the purchase price and inventory. Proof of funds will be required before any buyer-seller calls or meetings will be scheduled. To learn more, please call the broker. All site visits must be discreet and meetings must be scheduled by appointment only!


DETAILED INFORMATION
Location
Cayuga County, NY
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Seller is moving
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd