Hot Listing

100% ABSENTEE North Shore Liquor Store in Major Shopping Center

Sale Pending

Asking Price$1,200,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,300,000

Inventory$600,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

100% ABSENTEE North Shore Liquor Store in Major Shopping Center


Sale Pending

Asking Price$1,200,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,300,000

Inventory$600,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Nestled within the affluent North Shore of Nassau County, Long Island, this thriving liquor and wine store is an exceptional investment opportunity. Located in a prestigious shopping center that draws a high-end clientele, the store boasts annual sales exceeding $2.2 million. With a well-established presence since 2012 and a secure 12-year lease in place, this business offers stability and potential for substantial growth.

Currently operated under a 100% absentee ownership model, the store employs two high-salaried managers, allowing for seamless daily operations. However, for those looking to take a more hands-on approach, an owner-operator could unlock an additional $30,000 in monthly profit by actively managing the store themselves. The strategic shift to prioritize wine sales over liquor also opens the door to higher margins, further enhancing profitability.

The business's walk-in sales model presents untapped potential for expansion into delivery services and online app integrations, both of which could significantly increase sales volume and broaden the customer base. With the right vision and leadership, this store offers an unparalleled opportunity to recover your investment in just two and a half years.

Don’t miss your chance to take over this high-performing enterprise and transform it into an even greater success. Whether you’re a seasoned industry player or a first-time entrepreneur, this established and lucrative business promises the perfect blend of stability, profitability, and growth.
About the Business
Years in Operation
13
Employees
4
Facilities & Assets
The store is located in a very busy shopping center with over 400 car parking. The store is approx 2000 sqft plus a full basement. Nice built with floor to ceiling shelves to display all the product professionally.
Opportunities for Growth
New owners can add delivery services or online deliveries. A new owner can save on salaries and increase their bottom-line profits.
About the Sale
Seller Motivation
Seller wants to use the funds from the sale toward another business opportunity.
Transition Support
All the staff will stay in place.
Listing Info
ID
2360580
Listing Views
3209

Contact Seller

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Business Listed by: Bhavesh Patel Property Professionals Realty

Listing ID: 2360580 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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