Wine and Liquor Store in High Traffic location - Business for Sale
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Wine and Liquor Store in New York, NY
New York, NY, US
Added 2 years ago
Wine and Liquor Retail Store
Retiring Owner
Established wine and liquor retail store located in a high-traffic area of New York, NY, operating from a 1,000 sq. ft. leased space with a loyal neighborhood customer base.
Key Information
Asking
$425K
Revenue
$720K
Earnings
$198K
Multiple
2.1x
Key Highlights
- Rent is $5,800 per month with 5 years remaining on the lease; landlord will consider an extension
- Leased space is 1,000 sq. ft.
- Monthly expenses include: electricity $300, phone $100, insurance $210, garbage $100
- Inventory is sold separately and cost will be calculated at closing
- Business is family-run and owner is retiring
- Located in New York, NY
Contact Info
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