Profitable Liquor Store for Sale in Kings County, Brooklyn.
Asking Price: | $1,390,000 |
Gross Revenue: | $3,100,000 |
Established Year: | 2019 |
Cash Flow: | $500,000 |
Inventory: | $350,000 |
The store is located right next to a large food market in a densely populated residential area and a busy commercial district.
Gross Sales : 3.1M / year
($160,000 cash sales & sales tax included)
Revenue Breakdown:
80% wine
20% alcohol
Sales Channel Distribution:
70% walk-in
30% online
No New York Lottery
Property Details:
Square Footage: 2 ,100SF, no basement
Parking: street
Lease transfer :
15 years + 5 years option
Inventory Value: $350,000
Operating Hours:
Monday to Wednesday :
11:00 am - 10:00 pm
Thursday to Saturday:
10:00 am - 10:00 pm
Sunday: 11:00 pm - 9:00 pm
Years in business: 5 years
Expenses:
Rent: $13,300 per month (property tax included)
Annual Rent Increase: 3%
Utilities: electricity, cable, etc.
$1,300 per month
Insurance: $500 per month
Number of Employees:
6 full-time, owner absentee
Payroll: $23,333 per month
Financial statements reflecting all income will be provided after prospective buyers show the proof of funds
Liquor Store for Sale with Property
Brooklyn, NY
Price: $1,650,000
Highly Profitable 4,000 sf Liquor Store Gross $2.9m
Brooklyn, NY
Price: $1,100,000
Established Liquor Store In Prime Brooklyn Location For Sale
Brooklyn, NY
Price: $699,999
Pearce Bespoke
Available in Multiple Locations
FranchiseCash Required: $50,000