Profitable Liquor Store In The Heart Of Manhattan
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1300000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1934
Number of Employees 4 - 5
Inventory 150000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2-4 weeks
Reason for Sale Other business interests
Description LIQUOR STORE located in prime Gramercy section of ÿManhattan. Over 3,500 sf store with 6,500ÿsf basement. One of the largest spaces for liquor stores inÿManhattan. Thisÿwell establishedÿlocation has been occupied byÿa liquor store since 1934!ÿCurrently grossing $1.3 millionÿwith a net of appx.ÿ200+K, this space has at one time grossed over $3 million in sales, and has potential to netÿ$500Kÿfor right owner. Current owner has other business interests and cannot devote proper time or management at this location. ÿExtremely favorable 20 year lease with no escalations for 10 years! Seller financing available with $450,000 down. Priced at $699K this is the perfect opportunity to own a great liquor store with huge growth potential inÿthe prestigious Big Apple! Will not last ... Contact Broker Steve Roussis at Moxie Business & Consulting 1-855-MOXIEBC , Ext. 112
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