Liquor Store for Sale in Kings County, NY-33227

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$375,000 $520,000

Food & Beverage: Liquor Stores


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RE: Liquor Store for Sale in Kings County, NY-33227 Broker: Boris Teodoro
Owner Financing is Available!
$225,000.00 Down & $150,000 @ 7% over 36 months.

Quick Facts

Asking Price: $375,000
Annual Revenue: $520,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 1
BBN Listing #: 7694447
Broker Reference #: 33227

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Business Overview:

Calling all first time wine & liquor store buyers or experienced buyers. This low rent, high profit margin Brooklyn, NY store is conveniently located right by a train station and a huge amount of foot traffic daily. Very safe area. No competition. Opening another liquor nearby would cost anyone a high rent. Rent is super low, less than $3,000 a month. Lease is great, and the landlord could get you a new lease. Stocked with $150,000 in inventory, 50% wine and 50% liquor. This business is owner operated. It?s been in the family for more than 20 years. The seller has had it for many years and is now looking to move on to something else. Open 80 hours a week, it requires one full time employee apart from yourself. Inventory is separate, but negotiable, meaning the seller can liquidate as much necessary if you don?t have enough funds for all of it at the moment. When the seller bought the business, the seller had only $15,000 in inventory to start with, then slowly added more as the inventory was sold. It?s really up to you. The seller will even train you if you are a new buyer with enough for the down payment, rent security deposit and some inventory. Proof of funds will be necessary. Seller will even hold a note for a qualified buyer. The seller will also stay on-board for a transition period to introduce you to clients too. Very solid business with easy ways to show you sales and income. Kindly upgrade your vestedbb.com membership to premium to get the address. Contact Boris Teodoro for more info. Please use email reply button of this ad to contact us.

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Reason for Selling:

Diversifying

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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