Profitable Liquor Store in Prime Location - Business for Sale
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Liquor Store in Tourist Destination, New York, NY
New York, NY, US
Added 1 year ago
Liquor Store Retail
12 years in business
Retiring Owner
Liquor store operating for over 12 years in an upscale tourist area of New York, NY, offering a 50/50 mix of wine and spirits from a high-traffic shopping center location.
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
- Product mix: 50% wine, 50% spirits
- Additional income: $5,500/year from lottery and ATM
- Staffing: 2 full-time and 3 part-time employees
- Lease: 9 years remaining, $3,650/month rent (includes CAM ~$1,047)
- Inventory: $450,000 (paid in full at closing; non-financeable)
- Location: New York, NY
Contact Info
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