Wine and Liquor Store in Kings County, NY - 31165

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$900,000 $2,050,000

Food & Beverage: Liquor Stores


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RE: Wine and Liquor Store in Kings County, NY - 31165 Broker: Joseph Stansky

Quick Facts

Asking Price: $900,000
Annual Revenue: $2,050,000
Net Profit: Not Disclosed
Cash Flow: $183,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 33864447
Broker Reference #: 31165

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Business Overview:

Long Established high volume wine and liquor store on very busy and visible Brooklyn corner. New floor, ceiling and POS system. Internet based security system. Average margins are 23%. Two owners cover the evenings and with daytime manager. 40 years at this location. 4 years left on lease but landlord with give new lease or extension. All cash deal- no notes. Proof of funds are required for a meeting with the owner. Full basement. Contact broker Joseph Stansky for more details.

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Reason for Selling:

Retiring

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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