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Boutique Wine & Spirits Shop in Manhattan

New York County, NY, USA
Updated 8 hours ago
Established 2012

Established 14 years ago, this Boutique Wine & Spirits shop in a trendy section of Manhattan specializes in small-production, earth-friendly wines from around the world. It supports smaller, family-run vineyards where true passion and generations of pride go into the winemaking -- where quality is still valued over quantity. The owner, who spends at most 10 hours/week at the shop, has a knowledgeable staff there that basically runs it for him. Should you decide to be more hands on, you could put more money in your pockets through possible staff reductions and continuing to improve the store's already superb customer service. You will find a fine selection of spirits there as well, including small batch whiskeys, which are all the rage these days. Wines and champagnes account for about 85% of sales and spirits around 15%. Upon visiting the location, please do not say anything to the employees or customers, as they do not know the business is for sale. Then, kindly either call, text or email the listing broker, Jay Goldman, to make an appointment to meet with the owner and get a full tour of the facilities. Mr. Goldman can be reached at either 917-912-3282 or [email protected].

Financing

$270,000.00 Down and $90,000.00 at 7% over 18 moths

Listing #

32407

Established

14 years ago

Down Payment

$270,000.00

Reason for Selling

Other business interests

Financials

Asking Price
$360K
RevenueMost Recent Year
$1.6M
Earnings (SDE)Last Reported
$98K
Assets Value
Undisclosed
Seller Financing
Yes

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