NOT DISCLOSED, New York
| Asking Price |
$1,100,000 |
Year Established |
1960 |
|
| Annual Revenue |
$965,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Ken Stein |
|
| Annual Cash Flow |
$225,000 |
Listing Number |
954663 |
|
| # of Employees |
3 |
Business Category |
Commercial Real Estate: Retail & Shopping Centers |
|
Business Overview:
This Liquor Store was established in 1965 and is currently operated by the same family. It is located on a main thoroughfare in an affluent North Shore Long Island neighborhood. This 1,100 SF building has a 1-bedroom apartment above the building which could be rented for additional income as well as storage garage and basement. Real Estate Taxes are less than $12,000 per year. The business generates over $950,000 in sales with a very strong gross profit margin. Currently, the business mix is 70% Wine / 30% Liquor, 35% Cash / 65% Credit. The business provides limited delivery and shipping service. There is an extensive customer mailing list and a very loyal customer base. This is a great starter store for someone wanting to enter the Liquor Store business and increase their equity and income from this real estate transaction. Please refer to Listing #15544 when inquiring about this opportunity.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity