Profitable Liquor Store with Prime Retail Location
$265,000
Long lease in place
The current lease runs for several more years.
About this business
Prime wine and liquor store in Carmel, NY, boasting 1600 sq. ft. in an upscale shopping center with excellent anchor stores. Located in the town's busiest plaza, it offers great visibility and ample parking. A full-time owner/operator opportunity with potential to expand sales through additional offerings like lotto and cigarettes.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$265,000
- Annual Revenue$805,000
- SDE$85,000
- 3.1×
- Price to SDE
- 0.3×
- Price to revenue
- 11%
- SDE margin
- Approx. Inventory Value
- $150,000
- Approximate FF&E
- $60,000
Details
- 2019
- Established · 7 yrs
- Liquor Store
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- No
Property & lease
- Premises
- Leased
- Rent (monthly)
- $5,700
- Lease Expiration
- May 31, 2033
Where it is · Carmel, New York
Somewhere in Carmel, New York. The exact address is not on this listing.
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