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