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Boutique Wine Store For Sale

Nassau County, New York, United States
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Asking Price$150,000
Revenue$345,375 EstablishedUndisclosed
Cash Flow$54,356 Employees2 part-time
FF&E$75,000 FranchiseNo
Inventory$160,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Boutique Wine Store. The store was re branded as a wine boutique just 1 year ago and it is paying off. This store is located in a very affluent N.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. $345,375.00 in the past year with a net profit of approx. $53,475.00. THE SELLER KEEPS EXCELLENT RECORDS. Sales have been growing. The store is 800 sq. ft. with an 800 sq. ft. basement. There are 12 years left on the lease with a rent of only $2,900/mth 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!
Training/Support:The seller will train the new owner.
Seller Financing:$150,000.00 Down and None.
Sale Reason:Wife is retiring early.
Ad #95658
Seller Reference #29352
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Contact This Seller
Melvin L. Vaz
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