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Great Wine & Liquor Store For Sale

Nassau County, New York, United States
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Asking Price$199,000
Revenue$250,000 EstablishedUndisclosed
Cash Flow$70,700 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
Inventory$50,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Great Wine & Liquor Store. It is a 1,000 sq. ft. space with a full 1,000 sq. ft, basement for inventory storage. This growing wine and liquor store is located on main street in a beautiful hamlet in Central Nassau County. It is just South of the Long Island Expressway. The current owner built this store from scratch just over 1 year ago. He owns another full-time business and runs this location on an absentee basis. He is typically here 1-2 days per week for 10-15 hours/wk total. He has limited time to operate the store and his other business. That is the reason for the sale. Since opening, the store has shown consistent sales growth. In year one, sales were approx. $250K and sales have been growing by at least $1k./mth since. Run on an absentee basis, the store has a minimal cash flow today, but with an owner/operator, this can be increased immediately. This store is ideal for an owner/operator. 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 $2,600/MTH INCL. TAX 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. $50,000, NOT included in the asking price. We are looking for a serious and financially qualified buyer with at least $250K in liquid funds to cover the asking price and inventory. If you meet the criteria, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com.
Sale Reason:Owns another business.
Ad #88194
Seller Reference #28694
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Melvin L. Vaz
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