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Asking Price$89,000
Revenue$276,498 Established2014
Cash Flow$48,539 Employees1 part-time
FF&E$100,000 FranchiseNo
Inventory$75,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High End Wine & Liquor Boutique. ***PRICE REDUCTION*** This growing wine and liquor store is in a great shopping center on the affluent N.Shore of Nassau County. It is just North of the Long Island Expressway, right off the exit ramp. The current owner built this store from scratch just 2 years ago with a partner. Unfortunately the partner left after year one and the owner has had limited time to operate the store and work his primary job. That is the reason for the sale. In year one, sales were approx. $200K. Last year (year two), sales were approx. $300,000.00 with a cash flow of approx. $45,000.00. This store has great upside for an owner/operator. It is beautifully furnished with high-end finishes. YOU DO NOT HAVE TO SPEND A PENNY ON RENOVATIONS. The store is completely turn-key. It is a great starter opportunity for someone looking to get into the liquor and wine business. The rent is only $4,100/mth. (incl. taxes and CAM). Please note that all sales were achieved with little to no advertising. BUILDING A STORE LIKE THIS WOULD EASILY COST OVER $150K AND TAKE OVER 1 YEAR TO OBTAIN ALL PERMITS, IF YOU ARE EVEN ABLE TO OBTAIN A LIQUOR LICENSE. Inventory is approx. $85,000, NOT included in the asking price. We are looking for a serious and financially qualified buyer with at least $180K in liquid funds. Please call 1-877-735-5224 for further information.
Training/Support:The seller will train the new owner.
Seller Financing:89,000.00 Down & None. Inventory of approx. $75K NOT included in asking price.
Sale Reason:Partner left. No time.
Ad #80236
Seller Reference #28161
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Contact This Seller
Melvin L. Vaz
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