Mar 18, 2020 — 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 the $50K inventory. Please visit the location discreetly, and do not mention the sale to the staff.
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