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This 45-year-old wholesale beer distributor, with a liquor business, is located on an extremely busy road on Long Island. Its beer yearly gross sale is 6 million. Its liquor store gross sale is 1.8 million a year. Seller is over eighty years old. He wants to retire. He owns the property. He is willing to hold a mortgage against the property. The size of the property is 160 X 250. Seller wants 1.649 million for the beer and the liquor business, with $900,000 as a down payment. Seller wants 5.149 million for the whole business, with 2 million as a downpayment to hold a mortgage. Real estate tax is only $31,000 a year.Please call for further information.
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Seller is retiring.
Seller will train
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