Business For Sale

Liquor Stone in NYC - Low Rent

Manhattan - New York City, NY
New York County


Asking Price: Annual Revenue:
$499,000 $850,000

Food & Beverage: Liquor Stores


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RE: Liquor Stone in NYC - Low Rent Broker: Ziggy Marszalek

Quick Facts

Asking Price: $499,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: $238,880
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 2
BBN Listing #: 585149666
Broker Reference #: Not Disclosed

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Business Overview:

High volume Liquor store for sale in NYC (Garment District). Rent only $4,100/month with 2% increases in NYC.
This 700 Sq. ft. Store boasts nearly $850,000 in income, well documented. Currently run semi-absentee. Owner operator can increase sales to $1.5 MM within a short period of time with longer hours and increased marketing.
Long commute and over seas business obligations force sale.
New apartment complexes on block near completion will boost income. For financially qualified buyers, owner financing is available for inventory ($200,000).
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Property Features and Assets:

700 SF. Located in t he Garment District. Rent only $4,100 per month with 2% increases. New apartment complexes on block near completion will boost income.

Market Competition and Expansion:

Owner operator can increase sales to $1.5 MM within a short period of time with longer hours and increased marketing. New apartment complexes on block near completion will boost income.

Reason for Selling:

Commute & overseas biz obligations.

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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