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BUSINESSES FOR SALE

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   >>   

Manhattan Wine And Liquor Store

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $287599
Net Profit / Cash Flow  $258509
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1980
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. It grossed $3M plus in 2012 and has lots of upside for a new hands-on owner. Discretionary cash flow was $258K, but could be a much more than under the current semi-absentee owner. 2500 sq ft of selling floor, counter and office space at ground level. 2500 sq ft of storage space in basement. The seller will accept $900K down (plus the value of inventory -- approximately $500K) and finance the balance of $300K to be paid with interest over 36 months. 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 family ownership, the seller has no heirs to run the store and is ready to retire. Contact to receive the name and address of this successful wine & liquor store to do a quick walk by. Email broker Jay Goldman 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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