Prime Location Midtown Manhattan Wine & Liquor Store |Upside Potential
Midtown Manhattan Wine & Liquor Store – Established, Turn-Key, Prime Location
Asking Price: $350,000 + Inventory
Gross Revenue: ~$600,000/year
Owner Operator Net: ~$160,000/year
Rent: $7,300/month
Lease Term Remaining: 13 Years
Size: 700 sq ft + Basement & Office/Storage
Established: 1930 | Same Owner Since 2007
A rare opportunity to acquire a long-standing, profitable wine & liquor store in the heart of Midtown Manhattan. Located on a busy main avenue with strong foot traffic and excellent visibility, this store has been serving the neighborhood since 1930 and has built a loyal customer base over nearly a century.
This 700 sq ft retail space includes a full basement with office and storage. The store is clean, well-maintained, and requires no renovations – a true turn-key operation.
With gross annual sales around $600,000 and an estimated net profit of $160,000 for an owner-operator, this business is both stable and scalable. The long-term lease (13 years remaining) provides added security for future growth.
Key Highlights:
Prime Midtown Manhattan location on a major avenue
Operating since 1930 – same owner for 17+ years
Fully equipped with basement and office/storage
Attractive storefront and interior – no upgrades needed
Turn-key business with solid financial performance
Favorable long-term lease
Growth Potential:
Expand inventory to meet growing demand
Host wine tastings and in-store events
Upgrade POS to meet modern standards
Launch online sales through your own platform
Join delivery platforms like Drizly, DoorDash, Uber Eats, etc.
This is an ideal opportunity for both experienced operators and those looking to enter the liquor retail space in a prime NYC location.
Seller is open to reasonable offers. Don’t miss this opportunity to own a piece of New York retail history with strong upside.
