Listing ID # 33480
This very profitable Liquor and Wine store has been in business for 17 years and is located on an extremely busy avenue in Manhattan near several colleges. Location is ideal - only liquor store around. The current owner has been running the store for 7 years. Current owner has streamlined the business and has increased his profit margins to over 40%. With only 2 full time and 3 part time employees, the payroll is low. There is a great deal of foot traffic as well as thousands of affluent residents within walking distance. Owner also implemented a very robust delivery service which consists for almost 50% of sales. No other liquor stores can open within a 5 block radius from the store so you have a built in customer base. At just under 1000 square feet, the rent is reasonably priced and the Landlord will extend the lease for the new owner to 10 years, There is a full sized basement for extra storage, an office and private bathroom. This is a MUST SEE for anybody looking for a very profitable essential business in Turn Key condition. The entire business is very well run and a new owner will have an easy time getting getting used to the operation. The owner insists on total secrecy about the sale so you must first contact me to get information. Proof of funds for 50% will be required before obtaining additional information, To set up an appointment to see the store and speak with the owner, please contact broker.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.