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Listing Number: 3282

Liquor/Wine Business for Broker in Suffolk County, New York

Business:Liquor/Wine Business for Broker
County, State: Suffolk County, New York
Business Type: Liquor Store/Wine, Retail

Summary Description

SUFFOLK COUNTY EAST END (2) WINE AND LIQUOR STORES FOR ONE PRICE. GREAT FOR FAMILY OR PARTNERS. ONE BEAUTIFUL COUNTRY TYPE FREE STANDING STORE 800 SQ FT. WITH CUSTOM WINE RACKS AND DISPLAYS. ESTABLISHED 40 YEARS. SECOND STORE BEAUTIFUL MODERN UPSCALE STORE. LOCATED IN SHOPPING STRIP NEXT TO MAJOR SUPERMARKET IN VERY UPSCALE LOCATION. COMBINED INVENTORY APPROXIMATELY $150,000.00. $325,000.00 DOWN NEEDED FOR BOTH STORES INCLUDING INVENTORY. NEW BUYER OPERATOR CAN INCREASE CASH FLOW BY $30,000.00 BY OPERATING SECOND STORE WHICH IS NOW BEING RUN ABSENTEE. ADDING MORE INVENTORY AND ADVERTISING WILL GREATLY INCREASE GROSS SALES.ALL SALES AND EXPENSES FOR BOTH STORES INCLUDED. 75% WINE SALES, THESE STORES ARE WORKING ON FULL MARKUP. SECOND STORE INCLUDES FULL BASEMENT WITH CONVEYOR BELT AND BRAND NEW HVA SYSTEM.

About the Sale

Asking price: $300,000 (USD)

Financing: $175,000 down and 125000 AT 7% FOR 60 MONTHS

Total Revenues: $730,000 (USD)

Cash Flow: $125,372 (USD)

Reason Selling: MOVING OUT OF STATE

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