Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Teriyaki Madness Franchise Opportunity

Squisito Pizza & Pasta Franchise Opportunity

House of Bread Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Liquor Store, Last Real Mom And Pop Store
Location: United States -> New York -> New York City Area -> Manhattan
Industry: Food and Beverage > Liquor Stores




Business Summary

Great Location with a bus stop on the corner. Owner is landlord and is willing to give a 10 yr lease with a 10 year option and the is a space next door he is willing to break through so you can almost double the floor plan. You guys have to see this for yourselves. You'll get the picture. Now has the opportunity to be open on Sunday's and you can expand the business hours. In addition, the owner usually closes for two month a year for vacation so there is a tremendous opportunity for growth.

Outstanding location there is a Bus stop right on the corner. Store is 1200 sq. ft. and located right in the Center of Hells kitchen, across the street from a 550 room hotel. The owner is the land lord so you have the opportunity to have a 10 year lease with a 10 year option.

Competition: Honestly this really is a home run. It has an awesome location and has been a neighborhood icon. It has been in business for 38 years at the same location. The reality is there is no competition within a 2 mile radius. Growth and Expansion: Has another space available right next store and is willing to break the wall down to expand it from 1200 sq.ft. to 2200 sq.ft.

Asking Price: $630,000.
Gross Revenue: $750,000.
Cash Flow: $225,000.
Inventory: $200,000 (Included in Asking Price).
FF&E: $50,000 (Included in Asking Price).
Seller Financing: Owner will hold small note.

Email or contact Jon Henry Quinones at 718-407-9676 for more information on this Liquor Store for sale. Prospect Contact Options: Require prospect's name, Require prospect's telephone number, Ask for prospect's available funds, Ask for prospect's time frame, and Require prospect submit standard Confidentiality Agreement.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $750,000
Cash Flow:   $225,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Yes

About The Business

Year Established:  1970
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner is also a expert on fine wines,will impart knowledge.
Reason For Selling:  Producing plays and writing scripts, it's a family biz and has no time for it.

Photos

View Larger Photo(s) Of Business
Liquor Store, Last Real Mom And Pop Store Photo 1 Liquor Store, Last Real Mom And Pop Store Photo 2 Liquor Store, Last Real Mom And Pop Store Photo 3




Print Listing Id: 70086664
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 70086664
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.