Liquor Store In College Town
Not Disclosed, NY Cortland County
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- RE: Liquor Store In College Town
- Contact: Kevin Everts
Quick Facts
| Asking Price: | $25,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $45,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $2,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 2 | |
| BBN Listing #: | 936503 | |
| Broker Reference #: | 11421-398522 |
Business Overview:
Liquor Store in College Town - price reduced May 2024
Liquor and Wine Store has been in operation for over 30 years. Owners are retiring and would like to pass the baton. $25K does not include inventory of approximately $65K. Sales for past three years:
2020: $372K
2021: $292K
2022: $233K
The sellers have greatly reduced hours over the past few years and do not market the business online or via classic advertising. The upside is immense.
Real Estate Data - RE to be sold on a separate agreement:
-1728 SF (Plus full basement clean and dry)
-.17 Acre corner lot with great visibility. 5 min off Interstate 81
- All building systems and roof in very good condition
- Building includes an efficiency apartment
- Located on one of Cortland's main roads with average daily traffic of over 12,000 cars per day.
- Paved parking area for 10 cars
- Level lot would allow for easy expansion
- Central AC and public utilities
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Reason for Selling:
retiringAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New York businesses for sale
- View more Businesses For Sale in the same industry
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