Busy Absentee Owned Business with over $200,000 Cash Flow!
The business has been established 15-years. The location of approximately 1,500 sq. ft. plus basement is a gold mine in the heart of New York’s Times Square area. The annual sales are over $1.4 Million. All equipment, furniture and fixtures are installed as this is truly a turnkey operation. The monthly rent is about $25,700. The lease is assignable to a qualified buyer for remaining 7-years plus an option for 5. This is a 24-hour store with a huge beer business. The new owner can obtain a new beer license in his or her name. Anyone actively working and managing the business can expect to make a lot more money than the current absentee operated business. The business is listed at a deep discount for a quick sale as a result of owner ‘s personal family matters.