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Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
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BROOKLYN LIQUOR STORE FOR SALE
(Alcohol Related, Beer & Wine Stores - Retail, Retail, Liquor Stores/Package Stores; Retail, Miscellaneous Retail)
Brooklyn, New York
Listed Price: $ 500,000
Listing ID: XM7770322

Listing DetailsDown Payment: $ 250,000
Gross Revenue: $ 700,000
Cash Flow: $ 200,000
FFE: $ 10,000 (Included in Price)
Inventory: $ 225,000
Form of Ownership: S Corp
Reason for Sale:

RETIREMENT FROM THIS BUSINESS- FOCUSED ON OTHER HOLDINGS


Training & Support:

COMPLETE TRAINING INCLUDED


Listing SummaryBusiness Description:

BROOKLYN LIQUOR STORE for sale. The store was recently upgraded and furnished with beautiful wood shelving. The store stocks a wide variety of Kosher and Non-Kosher spirits and wine. Owner is involved with other businesses and can't dedicate enough time to see the full potential of the business.


Historical Summary:

The store has been serving the community for the last 30 years


Owner Qualifications:

BUSINESS EXPERIENCE


Competition:

AMONG THE BEST IN THE AREA


Potential Growth:

Growth can be obtained by owner's presence, increased marketing and the addition of Lotto.


Financing/Terms:

NEGOTIABLE


LocationLease Expire: 0000-00-00
Option: 5 YEARS
Lease Security: 7500
Monthly Rent: $ 3,250
Square Footage: 1050
Facilities:

STOREFRONT WITH BASEMENT 1050 SQUARE FEET


OperationYear Established: 1982
Last Acquired: 2008
Days & Hours of Operation: 10-10 SUNDAY-THURSDAY - FRIDAY10-SUNDOWN
Owner Hours: 10
Non-owner Payroll: $ 43,200
Employees: Full Time: 2 / Part Time: 1
Managers: 1
Absentee Owner: Yes