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SEMI ABSENTEE LIQUOR STORE MANHATTAN DOING $1.8M STEADY!
New york (New York)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11934
Business Type:
Established Businesses
Business Category:
Liquor Store/ Wine
State:
New york
County:
New York

Other Information

Financial Information

Asking Price:
$1,400,000
Gross Income:
$1,860,000
Cash Flow:
$350,000
Seller Financing:
 

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Business Description

Beautifully built liquor in the heart of Manhattan for sale for a steal! This business is only 5 years old and comes with a 10 year lease.  This Liquor store has yet to hit it full potential.  All sales and business is either walking in the door or calling in directly to the store.  They do not partake in Drizzly or MiniBar at all.  Owner only works 3 days a week part-time and keeps the inventory low.  A hand-on owner can save on payroll and purchase in quantity for better deals and lower the cost of goods.  Store is 1400 ft2 ground floor and 1400 ft2 basement.  There is no advertising at all.  Store is located on a very very busy Avenue in Manhattan with tons of vehicular and foot traffic.  Seller is currently paying a reduced rent of $10,500 per month inclusive of all expenses till Dec 2022.  Buy now and take advantage of the low rent and high profits.  Please have Proof of Funds ready to show before I give you the location address.  Call Bob Patel at 917-642-6400

Listing Number : 11934

Business Listed By

Bob Patel

Email this List   5163421648
Email this List   917-642-6400
Email this List   bob@eastcoastbusinessbrokers.com
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