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HIGH VOLUME LIQUOR AND WINE STORE - Business For Sale

Nassau, New York, United States

Listing: 247 | Ref: Unspecified | Agent: 61
Asking Price: USD $2,500,000.00
Gross Income: USD $5,700,000.00
Cash Flow: USD $800,000.00
Fixtures & Fittings: USD $50,000.00
Stock & Inventory: USD $1,500,000.00
Owner Financing: Yes
Finance Available: NEGOTIABLE
Year Established: 2000
Trading Hours: MON-WED 10AM-8PM THURS-SAT 10AM -9PM SUN 12-7PM, Owner Hours: 45
Employees: Full Time: 5, Part Time: 5, Managers: 1
Terms of Sale: Unspecified
Buy a HIGH VOLUME LIQUOR AND WINE STORE business for sale

Business Description

HIGH VOLUME LIQUOR AND WINE STORE, located in one of the wealthiest towns in Nassau County and draws customers from the many surrounding towns.The store stocks more than 2000 varieties of wines and spirits. In addition to the merchandise that is kept on site there is an additional warehouse where the balance of the inventory is kept.

Historical Summary: This store has experienced continual growth since it began in business

Owner Qualifications: Retail experience

Detailed Information

Expansion Potential: Unlimited with increased advertising and marketing

Competition & Market Info: This is the Major store for miles around and has no recognizable competition in it's marketplace.

Reasons for Sale: Retirement

Support & Training: SELLER WILL COMPLETELY TRAIN- ENTIRE BUSINESS IS ON THE COMPUTER

Real Estate Information

Property Type: Leasehold

Lease Terms: Expires: 9/30/2019, Option: 5 YEARS

Leasehold Rent: Lease Security: $20,000, Monthly Rent: $9,166

Premises Details: A BEAUTIFUL RETAIL STOREFRONT OF 3800 SQ. FT. ON A MAJOR ROAD IN AN OPEN MALL. AMAZING TRAFFIC ALL AROUND. IN ADDITION THEY HAVE A 2500 SQUARE FOOT WAREHOUSE.

Size (Sq m or ft): 3800 sq ft

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