Wine and Liquor Store in New York - Business for Sale

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Wine and Liquor Store in Kings County, NY

NY, US
Added 7 years ago
Wine and Liquor Retail Store
11 years in business

Wine and liquor retail store with 11 years of operation located in Kings County, NY, featuring a modern interior and equipment, and generating additional income from lottery commissions.

Key Information

Asking

$650K

Revenue

$1.1M

Earnings

$260K

Multiple

2.5x

Key Highlights

  • Years in operation: 11
  • Located in Kings County, NY
  • Sales distribution: 60% wine, 40% spirits
  • Lottery commission: $20,000 annually
  • Managed by two partners, one full-time
  • Includes new refrigeration units, central air, heating, POS, security, and sound systems
  • Landlord willing to negotiate a new 5-year lease with a 5-year option
  • Proof of funds of at least $500,000 required for inquiries

Contact Info

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