Great Wine & Liquor Store - Estab. 23 Yrs. 31099

Not Disclosed, NY
Schenectady County

Asking Price: Annual Revenue:
$215,000 $575,000

Food & Beverage: Liquor Stores

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RE: Great Wine & Liquor Store - Estab. 23 Yrs. 31099 Broker: Melvin Vaz

Quick Facts

Asking Price: $215,000
Annual Revenue: $575,000
Net Profit: Not Disclosed
Cash Flow: $87,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 5364447
Broker Reference #: Not Disclosed

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Business Overview:

Great Wine & Liquor Store - Established 23 years. This store is located in a large shopping center with ample parking. It is surrounded by a dense residential area with very loyal clientele. Known for its variety of liquor, wines and other related products, this well-established liquor store combines convenience and friendly service into a great investment for buyer looking to own a liquor store. The store is a spacious 1,800 square feet with A RENT OF ONLY $2,250/Month. There are 12 years left on the current lease plus options. The current owner has been here for 8 years and added many improvements, including a state-of-the-art POS System, camera system, new carpeting, and wooden shelving in the storage area. LOTTO was also added in 2012. In the past year, the business grossed approximately $575,000.00 with a cash flow of approx. $87,000 (for an owner/operator with some part-time weekend help). The store has steady sales with a strong upside. The sale also includes the store website. We are seeking a serious and financially qualified buyer with at least $340,000 in liquid funds to cover the $215,000 asking price and approximately $125,000 in inventory. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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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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