Listing ID: 37760

Business Overview

NYC landmark wine and liquor store established over 90 years ago, still at their location in one of the busiest high end areas of the city, with tens of thousands of vehicles and pedestrians passing by on foot and by car daily.

After Persevering through the pandemic and 4 years of street and infrastructure renovations, this establishment is already trending up, with a seasoned staff and 20 year manager, who are ready to stay on if desired.

The same owner has owned this store for 25 years, and this is a totally absentee business, with the owner showing up only four times a year.

This is a true turnkey operation. A custom $350,000, high end buildout 6 years ago adorned the walls with oak, hanging milk glass globes imported from a 1920s school house in Canada as well as a tin ceiling restoration, a new electric service and a state of the art, 12 camera security system.

Located in one of Manhattan’s most desirable areas, on a main avenue, they have been a thriving business model for many years and will continue that rich tradition for many generations to come.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $595,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

NYC landmark wine and liquor store established over 90 years ago.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Located in one of Manhattan's most desirable areas, on a main avenue, they have been a thriving business model for many years and will continue that rich tradition for many generations to come.

Opportunities and Growth:

The same owner has owned this store for 25 years, and this is a totally absentee business, with the owner showing up only four times a year.