MergerPlace

Long Standing Liquor and Wine Store

Nassau, New York (Nassau)


  • Asking Price: $3,195,000
  • Gross Income: $6,355,000
  • Cash Flow: $750,000
  • Real Estate: Not Disclosed
  • Inventory: $1,600,000
  • FF&E: $100,000
  • Listing ID: #198263
  • Established: 2009
  • Employees: 10

Business Description

Business Description:
ONE OF THE LARGEST COLLECTIONS OF KOSHER WINES IN THE TRI-STATE AREA IN ADDITION TO EVERYTHING ELSE IMAGINABLE.

Tremendous array of fine wines and spirits.

Extremely diverse customer base allows them to capitalize on all holidays.

Very busy store located in a shopping plaza on a major road.

Store is well run and managed by two owners. They have 2 active floor managers as well.

Sales have increased year over year for the past few years.

One owner is willing to stay on for the right situation. Absentee owner’s dream.




Historical Summary:
Store has been here for over almost a decade.

It is located on one of the busiest streets on Long Island.

High visibility and lots of traffic.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: New York
Metropolitan Area: Nassau
County: Nassau

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $3,195,000
Gross Revenue: $6,355,000
Cash Flow: $750,000
EBITDA: $750,000
FF&E: $100,000
Inventory: $1,600,000
Seller Financing Available: Yes

Property Information

Facilities:

Option: yes Monthly Rent: $ 12,075 Square Footage: 4000 Type of Location: Strip Mall Facilities: 4000 SQUARE FOOT STORE LOCATED ON A MAJOR RETAIL STRIP MALL ON A MAJOR ROAD. PLUS A 2500 SQUARE FOOT WAREHOUSE.

Growth & expansion opportunities:

UNLIMITED

Competition:

VERY LITTLE

Reason for selling:

RETIREMENT

Support & Training:

FULL TRAINING AND SUPPORT WILL BE PROVIDED

Contact Business Seller

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Business Listed By:

Mel Lisiten

LISITEN ASSOCIATES