Liquor Store In College Town
Not Disclosed, NY Cortland County
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- RE: Liquor Store In College Town
- Contact: Kevin Everts
Quick Facts
| Asking Price: | $75,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $50,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $2,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 2 | |
| BBN Listing #: | 936503 | |
| Broker Reference #: | 11421-398522 |
Business Overview:
Liquor and Wine Store has been in operation for over 30 years. Owners are retiring and would like to pass the baton. $200,000 includes $75,000 if inventory but not the real estate. Sales for past three years:
2020: $372,000
2021: $292,000
2022: $233,000
The sellers have greatly reduced hours over the past few years and do not market the business online or via classic advertising. The upside is immense.
Real Estate Data - RE to be sold on separate agreement:
-1728 Square Feet (Plus full basement clean and dry)
-.17 Acre corner lot with great visibility. 5 min off Interstate 81
- All building systems and roof in very good condition
- Building includes an efficiency apartment
- Located on one of Cortland's main roads with average daily traffic of over 12,000 cars per day.
- Paved parking area for 10 cars
- Level lot would allow for easy expansion
- Central AC and public utilities
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Reason for Selling:
retiring
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New York businesses for sale
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- Sell a business online
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