Profitable Liquor Store in Prime Location - Business for Sale

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Liquor Store in Shopping Center, New York, NY

New York, NY, US
Added 10 months ago
Retail Stores - Liquor Store
12 years in business

A liquor store in New York, NY, operating for over 12 years in a high-traffic shopping center, offering a 50/50 mix of wine and spirits and serving both local residents and seasonal tourists.

Key Information

Asking

$1.1M

Revenue

$1.5M

Earnings

$283K

Multiple

3.7x

Key Highlights

  • Years established: 12
  • Retail space: 2,450 sq ft plus 400 sq ft storage
  • Lease terms: 9 years remaining at $3,650/month (includes CAM of ~$1,047, varies with taxes/insurance/maintenance)
  • Staffing: 2 full-time and 3 part-time employees
  • Product mix: 50% wine, 50% spirits
  • Additional income: $5,500/year from lottery and ATM
  • Inventory: $450,000 (to be paid in full at closing; non-financeable)
  • Location: New York, NY, US

Contact Info

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