Brooklyn Wine/Spirits Store – Absentee

Price: $450,000

Location: Brooklyn

Industry: Retail

Listing ID: 02022023

Largest residential project in Brooklyn being built diagonally across the street with almost 150 units. Revenues dramatically expected to increase. Located on Busy Street in Brooklyn offering wines from small batch producers and a large selection of organic wines. The store is outfitted in rustic wood creating a welcoming modern space with room for wine tastings. Backyard patio and basement for storage. Absentee run with dedicated and knowledgeable employees. Store is loved by the neighborhood with free delivery giving it 5-star reviews. Turn-Key business and payroll can be drastically reduced with owner operator.

Listing Details

Gross Revenue: $782,000

Cash Flow: $88,000

EBITDA: $88,000

FFE: $25,000 (Included in Price)

Inventory: $130,000

Reason For Sale:

Relocating

Training & Support:

Will provide

Operation

Year Established: 2014

Days & Hours of Operation: 7 Days/Week

Employees: 4

Absentee Owner?: Yes