Liquor Store In Long Island For Sale

Franklin Square, New York, US, ID 194708

Liquor Store In Long Island For Sale 1
Liquor Store In Long Island For Sale 1
Asking price:
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Description

LIQUOR STORE FOR SALE, BROOKLYN, NEW YORKPrime Brooklyn location. Excellent visibility, heavy foot traffic, and a loyal customer base.Asking price 479,000Gross revenue 1,000,000 plusNet profit margin 11 percent after all expensesStore highlightsSize 1,600 square feet plus full basement with office space in backSales split 50 percent wines and 50 percent spiritsPayment breakdown 60 percent credit card and 40 percent cashLease brand new 10 year lease availableRent 5,500 per month, very reasonable for size and locationStaffing full time employee 3,600 per month, currently absentee runBusiness strengthsEstablished in 2020 with consistent operationsLong hours and weekend late night sales, 10 AM to 9 PM weekdays, open until 11:30 PM weekendsExcellent growth opportunity for an owner operator to maximize profitsCurrent owner operates 3 other successful stores, selling due to focus, not financial distressTurnkey operation. Walk in and take over a profitable, well established business.

Details

Real Estate: Lease
Employees (ppl): 1
Reason for selling: Health or personal issues

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