SBA PREAPPROVED $2.5 Million Gross Rev Liquor Store – GREAT LOCATION
$2.5 Million Gross Revenue Liquor Store – Prime Corner Location in Upper Manhattan
Asking Price: $800,000
Inventory (not included): Approximately $250,000
2024 Gross Revenue: $2,500,000
2024 Cash Flow: $270,000
Business Summary
Established liquor store located on a high-visibility corner in Upper Manhattan, directly on a major street with constant foot and vehicle traffic. The business is stable, with strong cash flow and consistent revenue year-over-year.
Gross Revenue Includes Lotto Sales
Product Mix: 70% liquor / 30% wine
Square Footage: 1,000 sq. ft. (no basement)
Lease Terms: 2 years remaining, with a 5-year renewal option
Rent: $10,000/month (includes taxes)
Payroll: $3,300–$3,400/week
Employees: 4 total, including 1 manager
Financial Highlights
2024 Revenue: $2.5M
2023 Revenue: $2.75M
Owner Compensation: $52,000/year via check, plus approx. $13,000–$15,000/month in cash take-home
Estimated Owner Annual Cash Flow: ~$270,000
Additional Notes
Inventory (~$250K) to be purchased separately. Seller may finance a portion depending on buyer’s experience.
Financials available in person. Tax returns, balance sheet, and P&L are available via the Google Drive link.
Seller is divesting to focus on a newly expanded second location.
Serious inquiries only. Financial verification and in-person visits required for further disclosures.
