Absentee Operated Liquor Store in Queens, NY

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Financial Details

Asking Price:
$400,000
Annual Revenue:
$1,200,000
Cash Flow / SDE:
$182,000
Profit Metric:
Cash Flow
Valuation Multiple:
2.2x
Location:
Queens, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Absentee-owned liquor store generating $182,000 annual cash flow.
Prime location in a densely populated Queens, NY area with strong monthly sales.
Owner is motivated to sell due to managing multiple businesses across states.

Description

This is an absentee-owned liquor store located in a heavily populated area of Queens, New York. The business operates from a 2000 sq ft space, with an additional basement of the same size. It generates substantial monthly sales of $100,000, split evenly between liquor (50%) and wine (50%). The seller is a 100% absentee owner, managing multiple businesses across different states, indicating a strong potential for a hands-on owner to further optimize operations. After all expenses, the business yields a net cash flow exceeding $15,000 per month, totaling $182,000 annually. The lease has 10 years remaining. The surrounding area is diverse, contributing to a broad customer base.

Industry Information

Industry Description:
Liquor Stores, Off-Licences, Wine Shops
Classification:
Retail

Operational Snapshot

Reason for Selling:
Owner is too busy running multiple businesses in several states.

Real Estate & Lease

Status:
Leased

Listing Details

Listing ID:
999a0ac7-7ac2-47d5-904c-2df8adb1c91e
Source Listing ID:
35892
Deal Status:
For Sale
Date Posted:
October 05, 2023
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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