SUCCESSFUL LIQUOR STORE IN SOHO!
This Is An Excellent Opportunity To Own A Successful Wine Store With A Turnkey Successful Business Model That Has Tremendous Upside. Boutique Liquor Store Retail Located In An Appealing, High Traffic Location In SOHO. This Modern Wine Retailer Has Reinvented The Wine-Buying Experience And Differentiated Itself From Neighboring Wine Stores. Business Has Been In Operation For Over 10 Years And Has Nurtured An Extremely Loyal Customer Base.
A remarkable 93% of business is repeat business, resulting in very strong average transactions. The owner has implemented a proven and profitable business model, with 40% gross profit margins, for that past three years. The company’s analytical approach to operations drives consistent sales and income growth. (40% gross margin vs industry standard of 33%). The business sales consist of eighty (70%) wine and twenty (30%) liquor sales, which results in a solid net income to the owner. This is an excellent opportunity to own a Successful Wine Store with a turnkey successful business model that has tremendous upside. Approximate Annual Total Net Income (cash flow): $255,000. Key Money: $499,999 Owner will assist with the transition and hold a note for qualified buyers. Owner financing is available.
SUCCESSFUL LIQUOR STORE IN SOHO!
This Is An Excellent Opportunity To Own A Successful Wine Store With A Turnkey Successful Business Model That Has Tremendous Upside. Boutique Liquor Store Retail Located In An Appealing, High Traffic Location In SOHO. This Modern Wine Retailer Has Reinvented The Wine-Buying Experience And Differentiated Itself From Neighboring Wine Stores. Business Has Been In Operation For Over 10 Years And Has Nurtured An Extremely Loyal Customer Base.
A remarkable 93% of business is repeat business, resulting in very strong average transactions. The owner has implemented a proven and profitable business model, with 40% gross profit margins, for that past three years. The company’s analytical approach to operations drives consistent sales and income growth. (40% gross margin vs industry standard of 33%). The business sales consist of eighty (70%) wine and twenty (30%) liquor sales, which results in a solid net income to the owner. This is an excellent opportunity to own a Successful Wine Store with a turnkey successful business model that has tremendous upside. Approximate Annual Total Net Income (cash flow): $255,000. Key Money: $499,999 Owner will assist with the transition and hold a note for qualified buyers. Owner financing is available.
Listing Courtesy of Wilk Real Estate I LLC.