Super high volume ultra-modern retail liquor store business opportunity located in a major commercial mall of Orange County, New York. The facility consists of 9,000 square feet with an ultra-modern image and designed for high volume sales of quality Wines & Liquors. The facility has a huge selection of wines and liquors including a private wine section for specialized products with a substantial profit margin. This particular mall has a substantial number of national retail stores that attract hundreds of thousands of shoppers and workers yearly. This retail liquor business has yearly gross income of $2,162,452 and a net income of $266,431 with a business fiscal year from October to September. This Liquor retail business has an excellent mark up due to the high percentage of wine sales, offers a delivery service to its special customers and has an average inventory of approximately five hundred & fifty thousand dollars. The business also has a full loading dock for delivery service, private offices and substantial storage also designed for internet wine sales. Based on the asking price, required down payment and net income this business will supply an excellent return to the owner operator prior to debt service and bank financing has been tentatively approved to a qualified buyer. Operator does not require any specific experience in this retail industry, however liquor license qualifications are required by the state of New York. This retail liquor business is located in a highly active commercial mall with numerous businesses including national retailers that attract tens of thousands of shoppers yearly. The mall is just off a New York State thruway conveniently located to its customers. The facility consists of 9,000 square feet with various sections for different products, a full loading dock, various private offices and substantial mall parking.
Asking Price $699,000
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