Business For Sale

High-End Wine & Liquor Store in Manhattan - 27689

New York County, NY
New York County


Asking Price: Annual Revenue:
$600,000 $1,500,000

Food & Beverage: Liquor Stores


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RE: High-End Wine & Liquor Store in Manhattan - 27689 Broker: Jay Goldman

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 33444447
Broker Reference #: 27689

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Business Overview:

This High-End, High-Volume, and Very Profitable Wine & Liquor Store in a Safe & Trending Manhattan Neighborhood derives 80% of its revenues from the sale of wine, which bears higher margins than spirits. Under the same ownership for 40 years, the seller is about to sign a new and assignable 10 year lease with a base rent of $17,500 inclusive of real estate taxes. He will stay on part-time as long as you want so he can show you the ropes. At street level, you will find 1,800 square feet of well-appointed selling space, wood flooring, a separate office/tasting room, an event room, and 300 square feet of loft space for additional storage. The dry basement provides 1,100 square feet for inventory storage. You might want to add lotto to further boost profits.

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Reason for Selling:

Other interests.

Additional Details:

  • The property is leased.
  • The owner is not 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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