Established Queens, NY Liquor Store with $500K Revenue and Extremely Low Rent

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Financial Details

Asking Price:
$249,000
Annual Revenue:
$500,000
Profit Metric:
Cash Flow (SDE)
Location:
Queens, NY, US
Source:
Date:
November 05, 2025

Key Highlights

Extremely low monthly rent of $1,700 with a favorable flat annual escalation structure.
Prime location situated between Ozone Park and Far Rockaway with minimal direct competition.
Significant untapped growth potential through implementing online delivery, adding lottery services, and extending operating hours.

Description

This is an established, turnkey liquor store located in a busy area of Queens, NY, situated strategically between Ozone Park and Far Rockaway, near JFK airport. The business boasts $500,000 in gross revenue and benefits from an extremely low monthly rent of $1,700, which increases by only a flat $50 annually. The product mix is heavily weighted towards high-demand items, consisting of 60% wines and 40% spirits. The current owner, who has operated the business for 10 years since its establishment in 2015, is selling to focus on expanding larger holdings. The inventory value is listed at $140,000 (separate from the asking price). Significant upside exists by integrating modern sales channels like Uber Eats/DoorDash, introducing lottery services, and extending the current 12 PM - 8 PM operating schedule.

Industry Information

Industry Description:
Retail store specializing in the sale of alcoholic beverages, primarily wines and spirits.
Classification:
Retail

Operational Snapshot

Year Established:
2015
Reason for Selling:
Owner wishes to expand operations at other, larger stores.

Real Estate & Lease

Status:
Leased
Monthly Rent:
$1,700 USD

Assets & Inventory

Inventory Value:
$140,000 USD
Includes Inventory:
No

Broker Contact

Name:
VISHAL JAKHU
Company:
VoroView
Phone:
516-973-3725

Listing Details

Listing ID:
56d2efef-63fc-4293-ba55-0ea9187519c0
Source Listing ID:
2400064
Deal Status:
For Sale
Last Updated:
November 05, 2025
Currency:
USD

Features & Tags

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