Boutique Wine and Liquor Store

Nassau County, NY

Boutique Wine and Liquor Store

Asking Price:$95,000

Cash Flow:N/A

Gross Revenue:$325,000

EBITDA:N/A

FF&E:$70,000

Inventory:$80,000*

Rate/Sq. Ft.:N/A

Established:2014

*not included in asking price.

Boutique Wine and Liquor Store

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Business Description

This beautiful, relatively new boutique wine and liquor store is perfect for an owner-operator who is knowledgeable about wines. The store is located just off the L.I.E. on a main road leading to the affluent north shore of Nassau County. They carry a good selection of fine wines, which can be further refined to meet the demands of the area; their customer base appreciates fine wines. This modern and elegant store is spacious enough for people to move comfortably through the store, yet has enough display space to carry a good selection of wines. The store sales are currently 80%-wine and 20%-liquor. The mark up on wine is 40% - 50%. The store’s sales have been growing since their opening, and as their reputation builds so do the sales. There are state-of-the-art POP and camera systems that enable the owner to monitor store activity and transactions remotely. Now is the time to take advantage of this turnkey opportunity.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Expiration:
10/11/2023
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful, elegant store which was built only 3 years ago. Ample parking and shelving
Growth & Expansion:
Advertise, host more wine tastings, refine wine selection, build corporate accounts
Reason for Selling:
Partner relocated

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Bruce Miller

Business Listed By:
Bruce Miller

Bridge Business and Property Brokers

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