HIGH VOLUME LIQUOR AND WINE STORE
Nassau County, New York
Listed Price: $ 2,500,000
Listing ID: XM777987
Listing DetailsDown Payment: $ 1,250,000
Gross Revenue: $ 5,700,000
Cash Flow: $ 800,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 1,500,000
Reason for Sale:
RETIREMENT
Training & Support:
SELLER WILL COMPLETELY TRAIN- ENTIRE BUSINESS IS ON THE COMPUTER
Listing SummaryBusiness 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
Competition:
This is the Major store for miles around and has no recognizable competition in it's marketplace.
Potential Growth:
Unlimited with increased advertising and marketing
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 2019-09-30
Option: 5 YEARS
Lease Security: 20000
Monthly Rent: $ 9,166
Square Footage: 3800
Type of Location: Strip Mall
Facilities:
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.
OperationYear Established: 2000
Days & Hours of Operation: MON-WED 10AM-8PM THURS-SAT 10AM -9PM SUN 12-7PM
Owner Hours: 45
Employees: Full Time: 5 / Part Time: 5
Managers: 1
Absentee Owner: No