Huge Wine & Liquor Store in Orange County, NY - 27533

Rockland County, NY

Huge Wine & Liquor Store in Orange County, NY  - 27533
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Asking Price: $2,250,000

Cash Flow: $450,000

Gross Revenue: $3,275,000

EBITDA: N/A

FF&E: $8,000

Inventory: $400,000*

Established: 2007

*not included in asking price.

Huge Wine & Liquor Store in Orange County, NY - 27533

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Business Description

How many highly successful 7,600 square foot wine & liquor stores do you know of that come with 33 years left on the lease, let alone where the rent escalates only once every five years? All financials can be verified and cross-referenced between tax returns, the POS system and a manual day book. Established 11 years ago, sales and profits continue to grow, and that's without offering lotto, nor making any local deliveries, which would be a cinch for you to add. Furthermore, tremendous upside exists to get into the internet delivery business of wine and liquor from this location, given its extra warehouse space and the loading dock, from which online orders can be fulfilled. While the owners are not desperate to sell, they will entertain offers starting at $2M or more, plus inventory. They believe that their extra-long lease justifies a better than average multiple for this business. Please be very discreet when visiting the store, as its employees and customer do not know it is for sale. The sellers require the listing broker Jay Goldman to obtain Proof of Funds for at least $2M before make an appointment to meet with them.

Detailed Information

Location:
Rockland County, NY
Inventory:
Not included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
Reason for Selling:
Early Retirement
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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