Liquor Store In Queens For Sale

Queens, New York, US, ID 194710

Liquor Store In Queens For Sale 1
Liquor Store In Queens For Sale 1
Asking price:
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Description

Prime location liquor store for sale near Far Rockaway. Business established in 2015. Owner operator for 10 years. Reason for sale, owner is expanding into other larger stores. Current inventory is approximately 200,000. Store size is approximately 1,000 square feet. Located between Ozone Park and Far Rockaway in a strong residential and commuter corridor. Sales mix is 60 percent wines and 40 percent spirits and liquor. Rent is 1,700 per month. Rent increases by a flat 50 per year, offering unusually stable and predictable lease terms compared to standard percentage escalations. Growth opportunities. This turnkey business offers strong untapped upside with simple operational improvements that could increase sales by an estimated 15 percent or more. Key opportunities include Online delivery expansion. The current owner does not use Uber Eats or DoorDash. Adding delivery platforms would capture growing demand for convenient on demand alcohol purchases and significantly expand reach. Lottery services. Introducing lotto sales, currently not offered, would bring additional daily foot traffic and increase repeat customer visits. Extended operating hours. The store currently operates from 12:00 PM to 8:00 PM. Expanding hours to 8:00 AM through 12:00 AM would add substantial daily exposure, capturing morning commuters, evening shoppers, and late night demand in a high traffic neighborhood.

Details

Real Estate: Lease
Reason for selling: Pursuing other opportunities

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