Semi Absentee Liquor Store Manhattan Doing $1.8M

New York, NY

Manhattan


Asking Price: Annual Revenue:
$1,400,000 $1,860,000

Food & Beverage: Liquor Stores


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RE: Semi Absentee Liquor Store Manhattan Doing $1.8M Broker: Elizabeth Galasso

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $1,860,000
Net Profit: Not Disclosed
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 275035273
Broker Reference #: 11934

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Business Overview:

Beautifully built liquor in the heart of Manhattan for sale for a steal! This business is only 5 years old and comes with a 10 year lease. This Liquor store has yet to hit it full potential. All sales and business is either walking in the door or calling in directly to the store. They do not partake in Drizzly or MiniBar at all. Owner only works 3 days a week part-time and keeps the inventory low. A hand-on owner can save on payroll and purchase in quantity for better deals and lower the cost of goods. Store is 1,400 square feet ground floor and 1,400 square feet basement. There is no advertising at all. Store is located on a very very busy Avenue in Manhattan with tons of vehicular and foot traffic. Seller is currently paying a reduced rent of $10,500 per month inclusive of all expenses till Dec 2022. Buy now and take advantage of the low rent and high profits. Please have Proof of Funds ready to show before I give you the location address. Contact Bob Patel.

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Reason for Selling:

Other business interests.

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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