Modern Wine & Liquor Store, Kings County
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Asking Price
$650,000
Detailed Information
Business Description
This thriving wine and liquor store in Kings County, NY, has been fully renovated and meticulously maintained for 11 successful years. It offers a modern interior with new refrigeration units, central air conditioning, and a cutting-edge POS system. The store caters to both wine connoisseurs and casual enthusiasts, with sales split 60% wine and 40% spirits. A lucrative lottery commission adds $20k annually to the business, which is located in a high-traffic, affluent neighborhood. The store is managed by two partners, with one working full-time to ensure seamless operations. The business also benefits from a comprehensive security system and high-quality sound system. The landlord is open to negotiating a new 5-year lease with a 5-year option, offering stability and room for growth. Prospective buyers have the option to purchase inventory at a reduced rate, providing flexibility. This sought-after location presents significant potential for a savvy investor with a minimum of $500k in funds for a confidential discussion