Business For Sale

Fine Wine & Liquor Store in the Hamptons - 25367

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$189,000 $589,862

Food & Beverage: Liquor Stores


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RE: Fine Wine & Liquor Store in the Hamptons - 25367 Broker: Melvin L. Vaz
Owner Financing is Available!
189,000.00 Down & Sales Price does not include inventory

Quick Facts

Asking Price: $189,000
Annual Revenue: $589,862
Net Profit: Not Disclosed
Cash Flow: $91,920
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 3
BBN Listing #: 1054447
Broker Reference #: 25367

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Business Overview:

Fine Wine & Liquor Store in the Hamptons. This quaint 1,000 sq. ft. store has been established for over 3 years and has built a reputation for rare and high end wines. People are not afraid to spend in this area. The store has a state-of-the art POS System that tracks sales and inventory. There is a back storage room. 17.5 YEARS REMAIN ON THE LEASE WITH A RENT OF ONLY $2,342/MTH. In the past 12 months this store Grossed approx. $640,000.00 with a Net of approx. $91,920.00. All numbers can be verified. The store does not have lotto. The sale price does not include approx. $250K in current inventory. (That number can be reduced closer to $100K prior to sale). We are looking for a serious and financially qualified buyer with at least $400K in liquid capital to cover the purchase price, inventory, deposits and working capital. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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