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Affordable Wine & Liquor Store For Sale

New York, US
Asking Price:
$129,000
Sales Revenue:
$277,000
Cash Flow:
$40,000

LISTING ID # 36321

Affordable Wine & Liquor Store on the Finger Lakes. Are you retired, semi-retired, a remote worker seeking another stream of income in the picturesque tranquility of upstate NY? Then you have found the right business to keep you busy, but not too busy. This is a fully licensed wine and liquor store with very limited competition in a beautiful town located on the Finger lakes. This store has been open for 3 years and has developed a great reputation with locals as well as the summer residents. This store sees an influx of boaters, anglers and campers in the summer months, but has year round residents as well. Sales have been slowly growing, but the owner has a full-time job and cannot be here. Now that he is moving, you have the opportunity to come in as an owner-operator. In the past year the business grossed approx. $277,000.00 with an owner-operator cash flow of approx. $40,000.00. There are 3 years left on the current lease, but that can be extended for a well-qualified buyer. The rent is only $1,200/mth. You WILL NOT find another liquor store in this price range with such low rent! Liquor licensing is not easy to obtain in NY state. This is your opportunity to get in cheap. We are seeking a serious and financially qualified buyer with at least $200K in liquid capital to cover the $129K asking price and approx. $75K in inventory. Proof of funds will be required before any buyer-seller calls or meetings will be scheduled. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet and meetings must be scheduled by appointment only!

Business Operation

Reasons for selling:

Seller is moving

Employees:
4 PT
Years established:
3

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$10,000
Inventory / Stock value:
$75,000