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Boutique Wine Store For Sale-29352

Nassau County, New York, United States
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Asking Price$150,000
Revenue$232,737 Established2015
Cash Flow$43,775 Employees2 part-time
FF&E$75,000 FranchiseNo
Inventory$160,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Boutique wine store for sale. The store was re-branded as a wine boutique just one year ago, and it is paying off. This store is located in a very affluent North Shore Nassau County neighborhood. They have become the go-to experts for rare and/or unique wines. In fact, 25% of the items they carry cannot be found in any other stores in the area. Approx. 80% of their wines are sold at 100% mark-up. This is a store that does low-volume, high-margin sales. It is ideal for a wine aficionado who is not afraid of customer service. The store grossed approx. $252,519.00 in the past year, with a net profit of approx. $43,775.00. The seller keeps excellent records, and sales have been growing. The store is 800 sq. ft., with a 700 sq. ft. basement. There are 11.5 years left on the lease, with a rent of only $2,900/month and 3% annual increases. It is located in a strip mall with parking. We are seeking a serious and financially qualified buyer with knowledge of fine wine and at least $230K in liquid funds to cover the downpayment, deposits, and some of the $160K inventory. If you meet the criteria, please call 1-877-735-5224. Please visit the location discreetly, and do not mention the sale to the staff.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:Seller will train buyer.
Sale Reason:Other interests.
Ad #100697
Seller Reference #29352
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