LISTING ID # 30404
Fully renovated and meticulously maintained, this thriving wine and liquor store located in Kings County, NY, boasts 11 years of successful operation. Offering a sleek and modern interior equipped with brand-new refrigeration units, central air conditioning, heating systems, and a cutting-edge POS system, this establishment caters to both connoisseurs and casual enthusiasts alike. With a sales distribution of 60% wine and 40% spirits, supplemented by a lucrative lottery commission generating $20k annually, this store capitalizes on its prime location within a high-traffic, affluent neighborhood. Managed by two partners, one of whom is dedicated full-time, the business ensures seamless operations with the added security of a comprehensive security system and high-quality sound system. The landlord is amenable to negotiating a new 5-year lease with a 5-year option, providing stability and opportunity for growth. Furthermore, the option to purchase inventory at a reduced rate offers flexibility for prospective buyers. Positioned within an exceptionally sought-after locale, this opportunity presents undeniable potential for a savvy investor. Serious inquiries require proof of funds totaling at least $500k for a confidential discussion with the owner. For further information and to arrange a viewing, please contact broker.
