Lucrative Liquor Store for Sale in New York - Business for Sale
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Liquor Store in Kings County, New York
NY, US
Added 5 months ago
Liquor Store
12 years in business
Absentee / Semi-Absentee
Retail liquor store located in a high-traffic strip mall in Kings County, New York, selling wine and liquor with a manager-operated model and a 10-year lease.
Key Information
Asking
$480K
Revenue
$1.0M
Earnings
$140K
Multiple
3.4x
Key Highlights
- Business has been established for 12 years
- Store size is 1,600 sq. ft. with an additional 1,600 sq. ft. basement
- Located in a high-traffic Kings County strip mall
- Monthly rent is $5,500, inclusive of property tax
- 10-year lease available
- Wine accounts for 60% of sales and liquor for 40%
- Business is run by a manager; owner is not involved in daily operations
- Seller is willing to offer financing for the inventory
Contact Info
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