80 Varick, Manhattan

$799,999

0 Beds
0 Baths
2,500 Sqft
0 Acres
0 Garages

LIQUOR STORE BUSINESS FOR SALE IN MANHATTAN, SOHO, NEW YORK, 10013.

AMAZING BUSINESS OPPORTUNITY!

FULL SERVICE WELL ESTABLISHED PROFIT MAKING LIQUOR BUSINESS!!NEW LISTING RETAIL LIQUOR STORE FOR SALE IN SOHO, MANHATTAN, NEW YORK 10013. SUCCESSFUL BOUTIQUE LIQUOR RETAIL STORE LOCATED IN AN APPEALING, HIGH TRAFFIC LOCATION IN MANHATTAN. 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. 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 70% wine and 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 transition and hold a note for qualified buyer. Owner financing is available. If you ever have any questions or need any advice, don't hesitate to touch base with me.

Essential Information
MLS® #427196
Price$799,999
Bathrooms0.00
Square Footage2,500
TypeCommercial
Sub-TypeBusiness Only
StatusActive
Community Information
Address80 Varick
AreaSoho
CityManhattan
CountyNew York (Manhattan)
StateNew York
Zip Code10013
Interior
Interior FeaturesOther
BasementNone
Exterior
Exterior FeaturesOther
RoofOther
ConstructionOther
FoundationOther
Additional Information
Date ListedFebruary 11th, 2019
Days on Market176
ZoningM1-6, HSQ
Property History
Price Increased from $499,999 to $799,999
Price Reduced from $599,999 to $499,999
Price Reduced from $799,999 to $599,999
LISTING MAP

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Listing courtesy of Wilk Real Estate I LLC.

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: September 18th, 2019 at 12:45am EDT

Listing courtesy of Wilk Real Estate I LLC.

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: September 18th, 2019 at 12:51am EDT

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