Rare Hamptons Wine & Spirits Business (Off-Premise License)
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Turnkey Business Sale In A Core Hamptons Retail Corridor – Water Mill Wine & Spirits is being offered as a going-concern acquisition, delivering a ready-to-operate wine & spirits retail platform with established branding, operating systems, vendor relationships, and an existing local and seasonal customer base. Operating financials will be shared separately upon qualified interest.
Signalized Corner Presence Within A High-Activation Retail Destination – The business is positioned at a highly visible traffic-light intersection within one of Water Mill’s most active shopping environments. The center is anchored by 154 parking spaces - one of the largest parking fields in the Hamptons - plus 9 Tesla Superchargers, driving steady daily visitation and repeat trips. Spanning approximately 3.65 acres, the site functions as a true convenience-and-destination hub, further amplified by immediate adjacency to a newly developed, fully sold-out 38-unit luxury townhome community, which adds a built-in, year-round customer base and ongoing neighborhood density.
End-Cap Retail Space With Abundant Natural Light – The store occupies an end-cap position within the shopping center, amplifying frontage and visibility. The premises total 1,880sf and feature southern window exposure, creating a bright, premium retail environment well-suited for curated displays, gifting, and high-margin merchandising.
Streamlined, Modern Retail Operations With Growth Upside – The business is organized for efficient day-to-day management with established purchasing/vendor channels, inventory and merchandising systems, and a customer-forward retail setup that can be further expanded through hospitality relationships, private client outreach, and enhanced seasonal marketing.
Off-Premise Liquor License Advantage – The offering includes an off-premise retail license, meaning alcohol is sold for consumption off the premises (i.e., packaged goods to-go), as opposed to an on-premise bar/restaurant license where alcohol is served for on-site consumption. In the Hamptons, these off-premise licenses are limited and difficult to replicate, creating a meaningful barrier to entry and long-term value for operators.
Offering Structure –
Offer Price: $895,000 Key Money plus Inventory Cost
Inquire with the Hamptons Commercial RE Team for additional transaction details.
Signalized Corner Presence Within A High-Activation Retail Destination – The business is positioned at a highly visible traffic-light intersection within one of Water Mill’s most active shopping environments. The center is anchored by 154 parking spaces - one of the largest parking fields in the Hamptons - plus 9 Tesla Superchargers, driving steady daily visitation and repeat trips. Spanning approximately 3.65 acres, the site functions as a true convenience-and-destination hub, further amplified by immediate adjacency to a newly developed, fully sold-out 38-unit luxury townhome community, which adds a built-in, year-round customer base and ongoing neighborhood density.
End-Cap Retail Space With Abundant Natural Light – The store occupies an end-cap position within the shopping center, amplifying frontage and visibility. The premises total 1,880sf and feature southern window exposure, creating a bright, premium retail environment well-suited for curated displays, gifting, and high-margin merchandising.
Streamlined, Modern Retail Operations With Growth Upside – The business is organized for efficient day-to-day management with established purchasing/vendor channels, inventory and merchandising systems, and a customer-forward retail setup that can be further expanded through hospitality relationships, private client outreach, and enhanced seasonal marketing.
Off-Premise Liquor License Advantage – The offering includes an off-premise retail license, meaning alcohol is sold for consumption off the premises (i.e., packaged goods to-go), as opposed to an on-premise bar/restaurant license where alcohol is served for on-site consumption. In the Hamptons, these off-premise licenses are limited and difficult to replicate, creating a meaningful barrier to entry and long-term value for operators.
Offering Structure –
Offer Price: $895,000 Key Money plus Inventory Cost
Inquire with the Hamptons Commercial RE Team for additional transaction details.
About the Business
- Facilities & Assets
- End-Cap Retail Space With Abundant Natural Light – The store occupies an end-cap position within the shopping center, amplifying frontage and visibility. The premises total 1,880sf and feature southern window exposure, creating a bright, premium retail environment well-suited for curated displays, gifting, and high-margin merchandising.
Signalized Corner Presence Within A High-Activation Retail Destination – The business is positioned at a highly visible traffic-light intersection within one of Water Mill’s most active shopping environments. The center is anchored by 154 parking spaces - one of the largest parking fields in the Hamptons - plus 9 Tesla Superchargers, driving steady daily visitation and repeat trips. Spanning approximately 3.65 acres, the site functions as a true convenience-and-destination hub, further amplified by immediate adjacency to a newly developed, fully sold-out 38-unit luxury townhome community, which adds a built-in customer base. - Website
- https://www.watermillspirits.com
- Market Outlook / Competition
- Off-Premise Liquor License Advantage – The offering includes an off-premise retail license, meaning alcohol is sold for consumption off the premises (i.e., packaged goods to-go), as opposed to an on-premise bar/restaurant license where alcohol is served for on-site consumption. In the Hamptons, these off-premise licenses are limited and difficult to replicate, creating a meaningful barrier to entry and long-term value for operators.
- Opportunities for Growth
- Streamlined, Modern Retail Operations With Growth Upside – The business is organized for efficient day-to-day management with established purchasing/vendor channels, inventory and merchandising systems, and a customer-forward retail setup that can be further expanded through hospitality relationships, private client outreach, and enhanced seasonal marketing.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,880
About the Sale
- Seller Motivation
- $895,000 Key Money plus Inventory Cost
- Transition Support
- Turnkey Business Sale In A Core Hamptons Retail Corridor – Water Mill Wine & Spirits is being offered as a going-concern acquisition, delivering a ready-to-operate wine & spirits retail platform with established branding, operating systems, vendor relationships, and an existing local and seasonal customer base. Operating financials will be shared separately upon qualified interest.
Listing Info
- ID
- 2503234
- Listing Views
- 64
Attached DocumentsAttachment Disclaimer
Offering Memorandum - SALE - BUSINESS - 760 MONTAUK HWY, WM - Water Mill Wine & Spirits.pdf
Business Location
Listing ID: 2503234 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.
Businesses for SaleNew York Businesses for SaleNew York Food & Beverage Businesses for SaleNew York Liquor Stores Businesses for Sale
Similar Listings
