Profitable Liquor Store with Loyal Customer Base
$395,000
Long lease in place
The current lease runs for several more years.
About this business
Established wine and liquor store in Rego Park, NY, with a loyal customer base and high traffic location. This profitable, family-run business is a turnkey opportunity for a new owner, offering significant growth potential with the right marketing. The store operates in a well-maintained leased space of 1,000 sq.ft, with a lease expiring in 2030. Ideal for entrepreneurs seeking a solid investment in a competitive market.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$395,000
- Annual Revenue$720,000
- SDE$198,000
- 2.0×
- Price to SDE
- 0.5×
- Price to revenue
- 28%
- SDE margin
- Annual Profit
- $198,000
- Approx. Inventory Value
- $120,000
- Approximate FF&E
- $30,000
Details
- 2
- Employees
- Liquor Store
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- No
Property & lease
- Premises
- Leased
- Rent (monthly)
- $5,800
- Lease Expiration
- Mar 31, 2030
Where it is · New York, New York
Somewhere in New York, New York. The exact address is not on this listing.
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