Huge Wine & Liquor Store in Orange County- 27533

Not Disclosed, NY
Orange County

Asking Price: Annual Revenue:
$2,250,000 $3,275,000

Food & Beverage: Liquor Stores

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RE: Huge Wine & Liquor Store in Orange County- 27533 Broker: Jay Goldman

Quick Facts

Asking Price: $2,250,000
Annual Revenue: $3,275,000
Net Profit: Not Disclosed
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: $8,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 7
BBN Listing #: 30874447
Broker Reference #: 27533

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Business Overview:

How many highly successful 7,600 square foot wine & liquor stores do you know of that come with 33 years left on the lease, let alone where the rent escalates only once every five years? All financials can be verified and cross-referenced between tax returns, the POS system and a manual day book. Established 11 years ago, sales and profits continue to grow, and that's without offering lotto, nor making any local deliveries, which would be a cinch for you to add. Furthermore, tremendous upside exists to get into the internet delivery business of wine and liquor from this location, given its extra warehouse space and the loading dock, from which online orders can be fulfilled. While the owners are not desperate to sell, they will entertain offers starting at $2M or more, plus inventory. They believe that their extra-long lease justifies a better than average multiple for this business. Please be very discreet when visiting the store, as its employees and customer do not know it is for sale. The sellers require the listing broker Jay Goldman to obtain Proof of Funds for at least $2M before make an appointment to meet with them. For further information, please contact broker or email us.

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Reason for Selling:

Early Retirement.

Additional Details:

  • The property is owned.
  • 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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