Established Liquor Store for Sale in New York
| Asking Price: | $385,000 |
| Gross Revenue: | $550,000 |
| FF&E: | $145,000 |
| Cash Flow: | $80,000 |
| Inventory: | $50,000 |
| Established Year: | 1967 |
Established Liquor Store for Sale in New York
LISTING ID # 36621
This 57-year-old liquor store of 1,800 square feet is situated in a highly affluent neighborhood in Suffolk County, New York. Rent is $4,800 per month under a ten-year lease. The business sells 84% wine and 16% liquor. The wine sales provide a decent profit margin. The area is on the verge of becoming an expensive real estate market. As the seller often has to travel for their other business, so he supervises the business in a very limited capacity, so much so that he only goes to the store for four hours per week and has to depend on the employees. This is a great opportunity for an experienced buyer able to maximize the store's potential through proper supervision in an upscale neighborhood already ripe for success with burgeoning commercial and residential growth.
