Upscale Wine & Liquor Store In Suffolk County

Price: $435,000

Location: Hamptons (Long Island, NY)

Industry: Wine & Liquor

Listing ID: 1556573

Listing Description

The business is an upscale, highly reviewed Wine & Liquor store with parking facilities attached, providing a unique selection of wines and liquors at price points for all different budgets. It is located on a major highway and high traffic area. This business has a strong reputation with its community and customer base and has been operations for 10+ years. It has been written about in numerous local publications and is a prime opportunity for a buyer looking to acquire a profitable existing business in Suffolk County. In addition to traditional in-person sales, the business is also authorized to ship online, where legally permissible. Inventory is not included, but available at cost.

The deal structure will be an asset sale. The total price is $435,000 (including Real Estate). The asking price is $200,000 for the business and $235,000 for the real estate.

Listing Details

Total Sales: $300,698

Cash Flow: $118,769

FFE: $35,000 (Included in Price)

(Included in Price)

Reason For Sale:

Pursue other business interests

Operation

Year Established: 2007

Employees: 1

Location

Square Footage: 600

Summary

Potential Growth:

High end Wine and Liquor store with unique selection at various price points • 10+ years in business with 4000+ customers in database. • New owner can increase revenues by expanding business hours, delivery services, online sales, social media and Lotto. • Motor traffic has increased in the area, leading to increased exposure. • Personalized customer service and commitment to quality Company Facilities: The store is approximately 600 sq ft, with the real estate available for sale or lease on request.