Online Wine & Liquor Store-31524

Not Disclosed, NY
Kings County

Asking Price: Annual Revenue:
$615,000 $1,150,000

Food & Beverage: Liquor Stores

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RE: Online Wine & Liquor Store-31524 Broker: Melvin L. Vaz
Owner Financing is Available!
$465,000.00 Down & $150,000 over 5 years @6% for a qualified buyer with good credit and collateral.

Quick Facts

Asking Price: $615,000
Annual Revenue: $1,150,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 50954447
Broker Reference #: 31524

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Business Overview:

High Volume Specialty Wine Website for sale. The physical store in very nice area of Brooklyn (just North of the the Belt Pkwy.) The store is over 60 years old (the current owner has been here for 18 years) It is located on a very busy roadway with a great deal of foot traffic. In the past year the storefront and online store have grossed approx. $1,150,000.00 (70% in-store and 30% online) with a net income of approx. $200,000.00. (the margins on the online sales are higher than the brick and mortar retail store). Online sales have been growing 20-25% each year. This is a spacious 2,000 square feet store WITH A FULL 2,000 Square Feet BASEMENT. This store is an ideal location to support higher sales volume and storage for good deals. There are 10 years left on the lease at a rent of $4,630/month. (including taxes). The owner has a modern POS system. All site visits must be discreet. Please do not speak with anyone when visiting the location.

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Reason for Selling:

Other 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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