Hot Listing

Liquor store for sale !! Extremely low rent !! Busy area

Asking Price$249,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$500,000

Inventory$140,000
Not included in asking price
FF&ENot Disclosed

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Hot Listing

Liquor store for sale !! Extremely low rent !! Busy area


Asking Price$249,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$500,000

Inventory$140,000
Not included in asking price
FF&ENot Disclosed

Business Description
Prime location liquor store for sale near Far Rockaway
- BUSINESS ESTABLISHED IN 2015
- OWNER OPERATOR SINCE 10 YEARS
- REASON FOR SELL- OWNER HAVE OTHER BIGGER STORES WHERE THEY WANT TO EXPAND
- CURRENT INVENTORY IN STORE CLOSE TO $200K
- STORE SIZE IS APPROX 1000 SQFT
- SITUATED RIGHT BETWEEN OZONE PARK AND FAR ROCKAWAY
- STORE DOES 60% WINES AND 40% SPIRITS OR LIQUOR
- RENT IS $1,700 MONTH (Rent goes up by a flat $50 year increase , unlike traditional percentage esclation)

Growth Opportunities
This turnkey business has significant untapped potential, with straightforward enhancements that could boost sales by an estimated 15% or more. Recommendations for the future buyer include:

Online Delivery Integration: The current owner does not utilize platforms like Uber Eats or DoorDash. Adding these services could increase sales by an average of 15%, tapping into the growing demand for convenient, on-demand delivery.
Lotto Services: Introducing lottery sales, which the current setup lacks, would attract additional customers and diversify revenue streams.
Extended Operating Hours: The store currently operates from 12:00 PM to 8:00 PM. Extending hours to 8:00 AM until 12:00 AM would add 8 extra hours daily, capturing morning commuters, evening shoppers, and late-night patrons—undoubtedly driving higher foot traffic and sales volume in this community-oriented area.
About the Business
Facilities & Assets
e
Market Outlook / Competition
THIS IS THE ONLY STORE SITUATED RIGHT BEFORE GOING TO FAR ROCKAWAY AND JFK QUEENS
NEAREST STORE IS UNDER 4 MILES ( NO EXAGGERATION BUT THERE IS NO COMPETETION CLOSE)
Opportunities for Growth
Growth Opportunities
This turnkey business has significant untapped potential, with straightforward enhancements that could boost sales by an estimated 15% or more. Recommendations for the future buyer include:

Online Delivery Integration: The current owner does not utilize platforms like Uber Eats or DoorDash. Adding these services could increase sales by an average of 15%, tapping into the growing demand for convenient, on-demand delivery.
Lotto Services: Introducing lottery sales, which the current setup lacks, would attract additional customers
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
900
Rent
$1,700.00 per month
About the Sale
Seller Motivation
The owner is focusing on expanding their other, larger stores and seeks to trans
Listing Info
ID
2400064
Listing Views
3001

Contact Seller

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Listing ID: 2400064 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.