Established Liquor Store for Sale in Queens County, NY

This is a well-established, 90-year-old liquor store located in a highly active and densely populated neighborhood in Queens County, New York. The business boasts impressive annual gross sales exceeding $1.5 million, with a healthy 40% profit margin on its sales mix of 40% wine and 60% liquor. It benefits from a very loyal customer base and a consistent flow of walk-in traffic throughout the day, indicating a stable and reliable operation. The store occupies 1600 sq. ft. with an additional 1600 sq. ft. basement. The current owner is looking to transition into a different type of business, presenting a prime opportunity for an entrepreneur looking to enter or expand within the liquor retail sector. The business generates over $250,000 in net cash flow annually after all expenses.