Liquor Store with License, Inventory, KEY Location, Huge Online Biz

A MUST SEE if you value a business that is:
* Turnkey
* Recession proof
* High volume traffic intersection location
* Great local and online demographics
* Proven pandemic-proof
* Grandfathered transferable NYS liquor license
* Established social media platform
* So much more!
This popular wine and spirit shop is located in a high traffic, high visibility area with great demographics. Started in 1996, the present owner has operated the business since 2014. This long-standing community liquor store boasts a loyal and repeat client base. 2020 revenues $2,000,000 + (even with reduced hours due to the pandemic Executive Orders).
This gem is a perfect investment for a family run business or an absentee owner with a strong manager. It currently operates with 2-3 people. The present owner developed a steady revenue stream through their online business that has bolstered their numbers to their grateful client base throughout the pandemic.
This business has also been the recipient of a Silver Medal from the WineSearcher's 2020 Retailer Awards. They were recognized for having a wide range of high-quality wines or spirits as scored by critics, a significant depth ad breadth across regions, and consistency throughout the year.
This is a great opportunity to obtain a thriving essential business that is ”recession-proof.”
The sale of this store comes completely equipped with everything needed to continue
operations, including over $225,000 in inventory and a superb below market lease with 10 years remaining. The grandfathered license can be used at its present location, but is also transferable to a neighboring location, pending NYS Liquor Authority approval.
All qualified Buyers, HURRY! Skip the step of asking for a NDA. At ziBBiz, we made it possible for you to submit one in the next 5 minutes!
Use the link below to submit your NDA and receive a business opportunity package for this business.
https://www.zibbiznow.com/buying-a-business/nda/
Please enter LIQUOR STORE/ONLINE as LISTING TITLE.
Attention all Business Owners and entrepreneurs: At ziBBiz International, we provide far more services than buying & selling businesses. Look us up at www.zibbiznow.com, email us at info@zibbiznow.com, or call us at 1-585-200-1112 to discover the difference that ziBBiz International brings to the business brokerage industry.

Total Sales: $1,053,000

Cash Flow: $400,000

FFE: $15,000

FFE Included: Yes

Inventory: $350,000

Year Established: 1996

Employees: 4

Lease Option: Lease Expiration:12/1/2030

Monthly Rent: $3,300

Type of Location: Leased

Square Footage: 1,000

Facilities Information:

Detailed inventory and FF&E checklist will be provided to interested, qualified buyers.

Reason For Sale:

Current owner is downsizing for family needs & focus on their other businesses.

Training & Support:

Owner is offering a generous mix of training time and duration. This can be easily negotiated to best suit the successful buyer's needs.

Competition:

Minimal competitors in the vicinity offering a shorter window of hours of operation than this business offers; however, only this business has the strong online and social media platforms that greatly add to the revenue stream. This business also boasts exclusive rights to certain delivery areas.

Potential Growth:

Many opportunities remain to continue to grow on the proven success of this business. These include: * growing the existing online program * adding in-house delivery to reduce 3rd party fees * acquiring storage to allow for volume purchase discounts * expand the advertising platform * add loyalty club and gift delivery programs * expand and advertise organic, vegan, and GF options * private label products

Financing/Terms:

Seller is willing to offer various terms and conditions.