Established Liquor Store for Sale in New York
LISTING ID # 36105
A 90-year-old liquor store is located in an extremely busy and over-crowded neighborhood in Queens County, New York. Its gross sale is over 1.5 million a year. Its size is 1600 sq. ft. with an equal size of basement. The business sells 40% wine and 60% liquor, with a 40% profit margin. The business undoubtedly has a very loyal clientele. The business is stable with a constant flow of walk-in clientele throughout the day. The seller wants to be into another kind of business. Great opportunity for a buyer who wants to be in the liquor business. After paying all the expenses, the seller's net cash flow is over $250,000 a year.
Financials (USD)
Asking Price $579,000
Cash Flow $250,000
Sales $1,500,000
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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