Wine And Liquor Store For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2995292
Net Profit / Cash Flow $274710
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1982
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Will train
Reason for Sale Personal
Description One Of Manhattan's Longest Established Wine & Liquor Stores. Solidly Profitable, it grossed $3.2M in 2011 and has plenty of upside. 2500 sq ft of floor, counter and office space at ground level. 2500 sq ft of storage space in basement. The seller will accept $1M down (plus value of inventory -- approximately $500K) and finance the balance of $400K at terms to be negotiated with an appropriate buyer. The name and address can only be obtained after buyer signs seller's own confidentiality agreement and provides proof of funds. Inventory Not Included in the Asking Price. After 35 years of ownership, the seller is ready to retire. Please call or email broker Jay Goldman (561.213.6114) for an appointment to take a full tour and speak with the seller, who is willing to offer support and training.
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