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
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