High Revenue Liquor Store For Sale

Description

Liquor store near Co-op City in the Bronx.

Annual sales are approximately $11 million.

With the current ownership setup, monthly net income is stated at around $60,000 to $65,000. The seller estimates that an owner working directly in the store could bring that figure closer to $80,000 per month.

Financials

• Annual sales: approximately $11,000,000
• Monthly net income: approximately $60,000–$65,000
• Owner-operated estimate: approximately $80,000 per month

Inventory

Stock on hand changes during the year.

• Inventory value: approximately $1.2 million–$1.5 million

Reason for Sale

One of the partners passed away. The remaining investment partner has other business commitments and does not want to take over the daily operation of the store.

Other Details

• Location: near Co-op City, Bronx
• Asking price: not provided
• Rent: not provided
• Employee count: not provided
• Inventory treatment in the sale: not specified