Wine Store for Sale in Nassau County, NY 29352

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$50,000 $203,000

Retail: General Merchandise - Retail


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RE: Wine Store for Sale in Nassau County, NY 29352 Broker: Parser

Quick Facts

Asking Price: $50,000
Annual Revenue: $203,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: $3,000
Year Established: 2009
Employees: 2
BBN Listing #: 34884447
Broker Reference #: 29352

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Business Overview:

Boutique wine store for sale. *MAJOR PRICE REDUCTION* The store was re-branded as a wine boutique just two years ago. This store is located in a very affluent North Shore Nassau County neighborhood. Approximately 80% of their wines are sold at 100% mark-up. This is a store that does low-volume, high-margin sales. The store grossed approximately $203,000.00 in the past year. The seller keeps excellent records. The store is 800 square feet, with a 700 square feet basement. There are 11.5 years left on the lease, with a rent of only $2,900/month and 3% annual increases. It is located in a strip mall with parking. A brand new restaurant is being build right next door. This business a steal at $50,000. You WILL NOT find a lower priced liquor store on the market in such a great demographic. Adding e-commerce and local delivery to the business would be ideal. We are seeking a serious and financially qualified buyer with liquid funds to cover the asking price, deposits, and some of the $140,000 inventory. Inventory is negotiable and WILL NOT be a sticking point. Please visit the location discreetly, and do not mention the sale to the staff.

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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