PREMIER LIQUOR AND WINE STORE WITH OVERFLOWING FOOT TRAFFIC. OWNER WILLING TO STAY
(RETAIL WINES AND LIQUORS)
NASSAU, nEW YORK
Listed Price: $ 2,895,000
Listing ID: XCNY220082
Listing DetailsGross Revenue: $ 6,500,000
Cash Flow: $ 750,000
FFE: $ 100,000 (Included in Price)
Inventory: $ 1,600,000
Form of Ownership: LLC
Terms and Conditions: NEGOTIABLE
Reason for Sale:
ONE PARTNER RETIRING- MANAGING PARTNER WOULD STAY IF REQUESTED
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE
Listing SummaryBusiness Description:
ONE OF THE LARGEST COLLECTIONS OF KOSHER WINES IN THE TRI-STATE AREA.
Very busy store located in a shopping plaza on a major road. 4000 sq ft store as well as 2500 sq ft warehouse.
Store is well run and managed by two owners.
They have 2 active floor managers as well.
Sales have increased year over year for the past few years.
Tremendous array of fine wine and spirits.
Extremely diverse customer base allows them to capitalize on all holidays.
One owner is willing to stay on for the right situation. Absentee owner’s dream.
Historical Summary:
Store has been here for almost a decade.
It is located on one of the busiest streets on Long Island.
High visibility and lots of traffic.
Competition:
Hardly any nearby competitors and certainly no competition!
Potential Growth:
Unlimited with Advertising, Social Media, etc.
Financing/Terms:
Negotiable
LocationMonthly Rent: $ 12,075
Square Footage: 4000
Type of Location: Strip Mall
Facilities:
a Four Thousand square foot beautiful retail store with a 2500 square foot warehouse.
OperationDays & Hours of Operation: Sun:12pm-7pm, M-W:10am-8pm, Th-Sat:10am-9pm
Employees: 10
Managers: 2
Absentee Owner: No
