Liquor Store w Property Grossing $3.8MM Yearly NET 730k
New york (Nassau)

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:
10956
Business Type:
Established Businesses
Business Category:
Liquor Store/ Wine
State:
New york
County:
Nassau

Other Information

Financial Information

Asking Price:
$5,200,000
Gross Income:
$3,800,000
Cash Flow:
$733,000
Seller Financing:
 

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Business Description

One of the top liquor/wine stores on long island with a 75/25 split of product. (75% wine and 25% liquor). Only 3 years old and growing. Almost no advertising and owner is 50% absentee. Absolute beautiful build out with a full 4000 square foot basement. Price does not include inventory or the building Proof of funds needed plus inventory of $600,000 needed to be paid at closing. Business up 30% for 2016.

Building and property can be sold for 4.9mm

 

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 10956

Business Listed By

Henry Galasso

Email this List   5163421648
Email this List   5163421648
Email this List   henry@eastcoaststores.com
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