Established Wine & Liquor Store for Sale in Kings County, NY
Financial Details
- Asking Price:
- $650,000
- Annual Revenue:
- $1,129,908
- Cash Flow / SDE:
- $260,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.5x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a fully renovated and meticulously maintained wine and liquor store located in Kings County, NY, boasting 11 years of successful operation. The establishment features a sleek, modern interior equipped with brand-new refrigeration units, central air conditioning, heating systems, and a cutting-edge POS system. With a sales distribution of 60% wine and 40% spirits, the business also benefits from an annual lottery commission of $20,000. Situated in a high-traffic, affluent neighborhood, it is managed by two partners, one full-time. The landlord is amenable to negotiating a new 5-year lease with a 5-year option. Inventory can be purchased at a reduced rate. Serious inquiries require proof of funds totaling at least $500k.
Industry Information
- Industry Description:
- Wine and Liquor Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2014
- Employees:
- 2
Real Estate & Lease
- Status:
- Leased
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- c21b0a0a-a61a-494d-8f20-ca898478eede
- Source Listing ID:
- 30404
- Deal Status:
- For Sale
- Date Posted:
- November 16, 2018
- Last Updated:
- September 15, 2025
- Currency:
- USD