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Established Liquor Store In New York For Sale

New York, US
Asking Price:
$579,000
Sales Revenue:
$1,500,000
Cash Flow:
$250,000

LISTING ID: 36105

A 90-year-old liquor store is located in an extremely busy and overcrowded neighborhood in Queens County, New York. Its gross sales are over 1.5 million a year. Its size is 1600 sq. ft. with an equal-sized basement. The business sells 40% wine and 60% liquor, with a 40% profit margin. The business undoubtedly has a very loyal clientele. The business is stable, with a constant flow of walk-in clients throughout the day. The seller wants to be into another kind of business. This is a great opportunity for a buyer who wants to be in the liquor business. After paying all the expenses, the seller's net cash flow is over $250,000 a year.

Business Operation

Reasons for selling:

Personal

Employees:
1 FT/2 PT
Years established:
90

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$90,000
Inventory / Stock value:
$350,000