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Wine and Liquor Store Business for Sale in Queens New York

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Uploaded by on Oct 5, 2011

http://www.vestedbb.com/wine-and-liquor-store-for-sale-in-queens-county-new-y...

Business Description

Busy neighborhood Wine and Liquor store with Lotto. Main road location just off major highway. $2k month of lotto commission income. 70% liquor to 30% wine sales. Owner operated. 2 years on lease with 5 year option. Seller willing to finance inventory for six months. Currently run by full time owner and part time brother. 2 years plus 5 year option left on lease. Extensions no problem. Large office/storage area in rear of store. Small store can be easily run by one person. Call broker for more information.

Asking:$190,000
Total Revenues:$410,000
Financing: 190,000 down and Owner will finance $50k inventory for 6 months
Cash Flow:$78,635

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