Liquor store Great opportunity

Lynbrook, NY (Nassau County)

Liquor store Great opportunity
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Asking Price: Get Financing: $229,000

Cash Flow: $42,000

Gross Revenue: $279,000


FF&E: $40,000

Inventory: N/A

Established: 1975

Liquor store Great opportunity

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Business Description

Great price!!!! Great opportunity!!!!! Owner is motivated to sell. Turn Key Business. the owners loss is your gain. ***** Liquor Store in safe high income area.******

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
2000 square foot facility +FULL 2000 Square foot basement Location has been a liquor store for over 40 years Rent 3,000 for 1200 square feet. Located in a safe and wealthy neighborhood 30% Liquor sales---------- (30% markup) 70% Wine sales -----------( 40 to 50 % Markup) Currently has $140,000 of inventory (included in price) Store renovations are approximately 20,000 (included in price)
Currently open 6 days a week Does not have website Does not have a delivery program Does not advertise Store only has $140,000 of inventory.
Growth & Expansion:
High income area excellent growth potential
Support & Training:
The owner is willing to help as needed for a proper transfer of the business.
Reason for Selling:
The owner does not have the money or time for this business
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Thomas McGovern, MBA, CVA

Business Listed By:
Thomas McGovern

Advantage Brokerage

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