Established Liquor Store in Thriving Urban Area - Business for Sale
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Liquor Store in Urban New York Location
NY, US
Added 7 months ago
Food & Beverage, Retail Stores, Wholesale & Distribution
26 years in business
A 26-year-old liquor store in an urban area of New York sells wine and spirits from a leased location near residential neighborhoods, a university, and shopping centers.
Key Information
Asking
$399K
Revenue
$1.4M
Earnings
$353K
Multiple
1.1x
Key Highlights
- 26 years in operation
- Located in New York, near city center and university
- Total space: 2,840 sq ft (2,040 sq ft showroom, 800 sq ft warehouse)
- Over $140,000 in leasehold improvements
- Monthly rent: $2,750
- Lease includes four additional five-year extensions
- Summertime sales spike due to nearby lake communities
Contact Info
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