TOP NEW YORK WINE AND LIQUOR BUSINESS
(RETAIL LIQUORS AND WINES, SUPER STORE)
NASSAU, NEW YORK
Listed Price: $ 3,195,000
Listing ID: XCNY222-10
Listing DetailsGross Revenue: $ 6,500,000
Cash Flow: $ 750,000
FFE: $ 100,000 (Included in Price)
Inventory: $ 1,600,000
Form of Ownership: LLC
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED
Listing SummaryBusiness Description:
THIS IS THE TOP LIQUOR AND WINE SUPERSTORE IN THIS AFFLUENT SUBURB OF NEW YORK CITY.
IT HAS THE LARGEST EXCLUSIVE SELECTION OF SPECIALTY KOSHER WINES AND SPIRITS,
AS WELL AS THE LARGEST SELECTION OF LIQUORS AND WINES IN THE REGION.
THEY PURCHASE LARGE CASE QUANTITIES OF INVENTORY RESULTING IN EXTREMELY COMPETITIVE PRICING TO THEIR CUSTOMERS, AND A GREAT MARGIN FOR THE BUSINESS.
THE STAFF AND MANAGEMENT ARE ALL VERY EXPERIENCED AND SHARE A TEAM ENVIRONMENT.
THEY MAINTAIN EXCELLENT BOOKS AND RECORDS.
Historical Summary:
THE COMPANY HAS BEEN AT THE CURRENT LOCATION FOR OVER 7 YEARS AND IS THE DOMINANT LIQUOR AND WINE BUSINESS IN THE AREA.
Owner Qualifications:
BUSINESS EXPERIENCE
Competition:
NO NOTICEABLE COMPETITION IN THE AREA.
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: Y
Lease Security: 30000
Monthly Rent: $ 15,240
Square Footage: 4000
Type of Location: Strip Mall
Facilities:
4000 SQUARE FOOT SUPER STORE PLUS 2500 SQUARE FOOT WAREHOUSE.
HIGH TRAFFIC LOCATION ADJACENT TO MAJOR HIGHWAYS.
VERY ATTRACTIVE WELL MERCHANDISED STORE.
ADDITIONAL 2500 SQUARE FOOT WAREHOUSE.
OperationYear Established: 2008
Days & Hours of Operation: M-F 10-8 SAT 11-9 SUN 12-6
Owner Hours: 40
Employees: 10
Managers: 2
Absentee Owner: No