Liquor Store In Long Island For Sale
Franklin Square, New York, US, ID 194708
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Description
LIQUOR STORE FOR SALE, BROOKLYN, NEW YORK Prime Brooklyn location. Excellent visibility, heavy foot traffic, and a loyal customer base. Asking price 479,000 Gross revenue 1,000,000 plus Net profit margin 11 percent after all expenses Store highlights Size 1,600 square feet plus full basement with office space in back Sales split 50 percent wines and 50 percent spirits Payment breakdown 60 percent credit card and 40 percent cash Lease brand new 10 year lease available Rent 5,500 per month, very reasonable for size and location Staffing full time employee 3,600 per month, currently absentee run Business strengths Established in 2020 with consistent operations Long hours and weekend late night sales, 10 AM to 9 PM weekdays, open until 11:30 PM weekends Excellent growth opportunity for an owner operator to maximize profits Current owner operates 3 other successful stores, selling due to focus, not financial distress Turnkey operation. Walk in and take over a profitable, well established business.
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