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High Vol Wine And Liquor Store For Sale

New York
Asking Price:
$739,000 (USD)
Turnover:
$1,000,000 (USD)
Net Profit:
$247,000 (USD)

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. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK TO ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!


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Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other Interests.

Employees:
4

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

739,000.00 Down & Possible for a qualified buyer with good credit and collateral.

Furniture / Fixtures value:
$50,000 (USD)
Inventory / Stock value:
$185,000 (USD)

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