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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Historic Liquor Store With Option On Property

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $529000
Net Profit / Cash Flow  $55390
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1933
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  Owner is retiring.
Description  Historic Liquor Store for sale in Suffolk County. This store has been a community landmark since 1930. The current owner has been there for over 30 years. He is only in the business 6-9 hours per week! Located on a very high traffic roadway, this business boasts Gross Sales of approx. $529,000 with a Cash Flow of approx. $55,000 (Run Absentee), $80,000 (with a FT Owner/Operator) These sales are consistent with 2007 sales. This is a stand-alone building with a 300 sq. ft. basement and a 600 sq. ft., one bedroom apartment above the store. The store itself is 1,100 sq. ft. The current owner owns the property and the business and would be willing to offer a 10 year lease (with an option to buy the property). That's a phenomenal deal. Even better, the seller is asking for only $100,000 down (plus inventory, approx. $150K) to get in the door. He is willing to hold a $79,900 note for 5 full years. This is a great deal. Contact today for an appointment!
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