Liquor Store ($1,600,000 / Year Sale) for Sale, Manhattan - Business for Sale
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Liquor and Wine Retail Store in Manhattan, NY
New York, NY, US
Added 2 months ago
Liquor and Wine Retail Store
26 years in business
Absentee / Semi-Absentee
Liquor and wine retail store located in Manhattan, New York, operating for 26 years with an absentee owner.
Key Information
Asking
$695K
Revenue
$1.6M
Earnings
$200K
Multiple
3.5x
Key Highlights
- Average margins: 38% +/-
- Business established for 26 years
- Rent: $15,000
- Premises: 1,800 sq ft plus 1,800 sq ft basement
- Product mix: 70% wine, 30% liquor
- Absentee owner
- Proof of funds required
Contact Info
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