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Liquor Store In Schenectady County - 31099 For Sale

Schenectady County, New York
Asking Price:
$215,000 (USD)
Sales Revenue:
$575,000 (USD)
Cash Flow:
$87,000 (USD)

Great Wine & Liquor Store - Established 23 years. This store is located in a large shopping center with ample parking. It is surrounded by a dense residential area with very loyal clientele. Known for its variety of liquor, wines and other related products, this well-established liquor store combines convenience and friendly service into a great investment for buyer looking to own a liquor store. The store is a spacious 1,800 sq. ft. with a rent of only $2,250/MTH. There are 12 years left on the current lease plus options. The current owner has been here for 8 years and added many improvements, including a state-of-the-art POS System, camera system, new carpeting, and wooden shelving in the storage area. LOTTO was also added in 2012. In the past year, the business grossed approx. $575,000.00 with a cash flow of approx. $87,000 (for an owner/operator w/ some part-time weekend help). The store has steady sales with a strong upside. The sale also includes the store website. We are seeking a serious and financially qualified buyer with at least $340K in liquid funds to cover the $215k asking price and approx. $125K in inventory.

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Business Operation

Reasons for selling:

Time constraints.


Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$20,000 (USD)
Inventory / Stock value:
$125,000 (USD)

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