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ESTABLISHED LIQUOR STORE IN STATEN ISLAND, NEW YORK - Business For Sale

Staten Island, New York, United States

Listing: 265 | Ref: Unspecified | Agent: 61

Asking Price:	USD $1,895,000.00
Gross Income:	USD $3,500,000.00
Cash Flow:	USD $789,000.00
Fixtures & Fittings:	USD $20,000.00
Stock & Inventory:	USD $300,000.00
Owner Financing:	Yes
Finance Available:	NEGOTIABLE
Year Established:	2003
Trading Hours:	MON-THURS 9AM-9PM FRI-SAT 9AM-10PM SUN 12-6PM, Owner Hours: 18
Employees:	Full Time: 2, Part Time: 2, Managers: 1
Terms of Sale:	Share Capital

Buy a ESTABLISHED LIQUOR STORE IN STATEN ISLAND, NEW YORK business for sale

Business Description

THIS WELL - ESTABLISHED BUSINESS IS LOCATED IN A DENSLY POPULATED AREA OF STATEN ISLAND ON A MAJOR AVENUE. The store sells 70% wine and 30% liquors and shows an amazing net profit margin of 22%.

Historical Summary:
The store has been in business since 2003

Owner Qualifications:
Business Experience

Detailed Information

Expansion Potential: Unlimited

Competition & Market Info: There are lots of liquor stores on Staten Island but this one shines above the rest.

Reasons for Sale: Retirement

Support & Training: SELLER WILL COMPLETELY TRAIN

Real Estate Information

Property Type: Leasehold

Lease Terms: Expires 12/31/2023, 3% ESCALATION EVERY 2 YEARS

Leasehold Rent: Lease Security $16,000, Monthly Rent $8,000

Premises Details: 1600 SQUARE FOOT STORE ON A MAJOR AVENUE IN STATEN ISLAND.

Size (Sq m or ft): 1600 sq ft

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Key Info:

Marketed by: Lisiten & Associates Business Brokers
Contact: Click here
Rating: Agents Rating

Location:
United States » North East » New York » Staten Island
Categories:
Retail » Food & Drink » Liquor Store/Off Licence/Wine Merchant
Food » Retailers » Liquor Stores & Off Licences
Food » Retailers » Convenience Stores

Real Estate: Leasehold | Owner Financed

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