Lucrative Liquor Store for sale in Kings County, NY - Business for Sale
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Liquor Store in Kings County, NY
NY, US
Added 5 months ago
Food & Beverage, Retail Stores, Wholesale & Distribution
12 years in business
RemoteAbsentee / Semi-Absentee
Liquor store located in a high-traffic strip mall in Kings County, New York, operating under a 10-year lease with a 1,600 sq. ft. retail space and an equally sized basement.
Key Information
Asking
$480K
Revenue
$1.0M
Earnings
$140K
Multiple
3.4x
Key Highlights
- 12 years in operation
- 1,600 sq. ft. retail space with 1,600 sq. ft. basement
- Rent: $5,500/month including property tax
- 10-year lease in place
- Wine accounts for 60% of sales, liquor 40%
- Seller financing available for inventory
- Business run by manager; owner not involved in daily operations
Contact Info
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