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Liquor Store In Kings County For Sale

Kings County, New York, US
Asking Price:
$399,000 (USD)
Sales Revenue:
$600,000 (USD)
Cash Flow:
$140,000 (USD)

Calling all first time wine & liquor store buyers or experienced buyers. This low rent, high profit margin Brooklyn, NY store is conveniently located right by a train station and a huge amount of foot traffic daily. Very safe area. No competition. The rent is phenomenal, only $2,956/ month. The landlord is willing to offer a brand new lease to a well-qualified tenant with good credit. Stocked with approx. $150,000 in inventory, 50% wine and 50% liquor. This business is owner operated. It has been in the family for more than 20 years. The seller has had it for many years and is now looking to move on to something else. Open 80 hours a week, it requires one full time employee apart from yourself. Inventory is separate, but negotiable, meaning the seller can liquidate as much necessary if you do not have enough funds for all of it at the moment. The seller will even train you if you are a new buyer with enough for the down payment, rent security deposit and some inventory. Proof of funds will be necessary. The seller will also stay on-board for a transition period to introduce you to clients too. We are seeking a serious and financially qualified buyer with at least $499K in liquid funds to cover the asking price and some basic inventory. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Divesting

Employees:
1FT
Years established:
1999

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

399,000.00 Down &

Furniture / Fixtures value:
$15,000 (USD)
Inventory / Stock value:
$150,000 (USD)

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