Liquor Store in Manhattan, New York For Sale

Liquor Store for Sale Revenue $2.5M+ Nassau County
Listing Number: xxxx0
Location: Nassau County NY
Asking: $1,100,000
Gross: $2,500,000
Cash Flow: $250,000
Summary Description:
A high volume liquor store is for sale in an affluent neighborhood in Nassau County. This store is well established for over 20+ years. The seller owns the property, and although the seller is looking to hold on to the property, they will issue a long term lease and right of first refusal on the building. Revenue at this store is about 2.5 Million with approximately 75% of sales coming from wine. A more aggressive hands on owner would be able to increase sales to greater than 3 Million Dollars per year. They have an excellent selection of wines at this store and their reputation expands far beyond the town they are located in. There is also a beautiful website with online ordering that is included with the purchase of the business. There is big opportunity to develop an online marketing program. Another benefit to a well-funded buyer is that the sellers don?t purchase inventory in big volume and a new owner with stronger purchasing power can likely save a few points on the cost of goods sold having a profound impact on the bottom line. The seller is looking for a cash transaction for the purchase of the business and will finance the inventory on hand. If you are looking for a first class liquor/wine store, in an affluent Nassau County community and a long term lease with the right to purchase the property, please call about listing number xxxx0.
Contact Information: Joe cell 516-582-xxxx office 516-626-xxxx