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Liquor Store In Queens For Sale

Queens, New York, US
Asking Price:
$249,000
Sales Revenue:
$500,000
Cash Flow:
Undisclosed

Liquor store for sale !! Extremely low rent !! Busy area

Prime location liquor store for sale near Far Rockaway

  • BUSINESS ESTABLISHED IN 2015
  • OWNER OPERATOR SINCE 10 YEARS
  • REASON FOR SELL OWNER HAVE OTHER BIGGER STORES WHERE THEY WANT TO EXPAND
  • CURRENT INVENTORY IN STORE CLOSE TO $200K
  • STORE SIZE IS APPROX 1000 SQFT
  • SITUATED RIGHT BETWEEN OZONE PARK AND FAR ROCKAWAY
  • STORE DOES 60% WINES AND 40% SPIRITS OR LIQUOR
  • RENT IS $1,700 MONTH (Rent goes up by a flat $50 year increase , unlike traditional percentage esclation)

Growth Opportunities
This turnkey business has significant untapped potential, with straightforward enhancements that could boost sales by an estimated 15% or more. Recommendations for the future buyer include:

Online Delivery Integration: The current owner does not utilize platforms like Uber Eats or DoorDash. Adding these services could increase sales by an average of 15%, tapping into the growing demand for convenient, on-demand delivery.
Lotto Services: Introducing lottery sales, which the current setup lacks, would attract additional customers and diversify revenue streams.
Extended Operating Hours: The store currently operates from 12:00 PM to 8:00 PM. Extending hours to 8:00 AM until 12:00 AM would add 8 extra hours daily, capturing morning commuters, evening shoppers, and late-night patrons—undoubtedly driving higher foot traffic and sales volume in this community-oriented area.

Property Information

Real Estate:

Lease

Lease Terms:

$1,700 per Month

Location:

Queens, NY (Queens County)

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Growth Opportunities This turnkey business has significant untapped potential, with straightforward enhancements that could boost sales by an estimated 15% or more. Recommendations for the future buyer include: Online Delivery Integration: The current owner does not utilize platforms like Uber Eats or DoorDash. Adding these services could increase sales by an average of 15%, tapping into the growing demand for convenient, on-demand delivery. Lotto Services: Introducing lottery sales, which the current setup lacks, would attract additional customers

Competition / Market:

THIS IS THE ONLY STORE SITUATED RIGHT BEFORE GOING TO FAR ROCKAWAY AND JFK QUEENS NEAREST STORE IS UNDER 4 MILES ( NO EXAGGERATION BUT THERE IS NO COMPETETION CLOSE)

Reasons for selling:

The owner is focusing on expanding their other, larger stores and seeks to trans

Years established:
10 years

Other Information

Inventory / Stock value:
$140,000