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Wine Store In Nassau County For Sale

Nassau County, New York
Asking Price:
$50,000 (USD)
Sales Revenue:
$203,000 (USD)
Cash Flow:
Available on request

Boutique wine store for sale. *major price reduction* The store was re-branded as a wine boutique just two years ago. This store is located in a very affluent North Shore Nassau County neighborhood. Approx. 80% of their wines are sold at 100% mark-up. This is a store that does low-volume, high-margin sales. The store grossed approx. $203,000.00 in the past year. The seller keeps excellent records. The store is 800 sq. ft., with a 700 sq. ft. basement. There are 11.5 years left on the lease, with a rent of only $2,900/month and 3% annual increases. It is located in a strip mall with parking. A brand new restaurant is being build right next door. This business a steal at $50K. You Will not find a lower priced liquor store on the market in such a great demographic. Adding e-commerce and local delivery to the business would be ideal. We are seeking a serious and financially qualified buyer with liquid funds to cover the asking price, deposits, and some of the $140K inventory. Inventory is negotiable and Will not be a sticking point. Please visit the location discreetly, and do not mention the sale to the staff.

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For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-29352 for instant access to this business information.

Property Information

Size in square feet:
800

Business Operation

Reasons for selling:

Retiring

Employees:
2
Years established:
2009

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$75,000 (USD)
Inventory / Stock value:
$140,000 (USD)

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