Lucrative Liquor Store for Sale in New York
LISTING ID # 37273
This liquor store, situated in a high-traffic Kings County strip mall, is available with a 10-year lease. Rent is $5,500 per month, inclusive of property tax.The store is 1,600 sq. ft., and the basement is the same size. The gross sales are over a million with a 35% profit margin. The seller is willing to offer financing for the inventory. Wine accounts for 60% of sales and liquor for 40%. The business is run by a manager; the owner is not involved in day-to-day operations. With its low rent, long lease, attractive location, and seller financing, this business presents an excellent opportunity for a new buyer. After paying all the expenses, the seller's net cash flow is $140,000 a year.
Financials (USD)
Asking Price $480,000
Cash Flow $140,000
Sales $1,025,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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