Description

Midtown Manhattan Wine & Liquor Store – Established, Turn-Key, Prime Location

Asking Price: $350,000 + Inventory
Gross Revenue: ~$600,000/year
Owner Operator Net: ~$160,000/year
Rent: $7,300/month
Lease Term Remaining: 13 Years
Size: 700 sq ft + Basement & Office/Storage
Established: 1930 | Same Owner Since 2007

A rare opportunity to acquire a long-standing, profitable wine & liquor store in the heart of Midtown Manhattan. Located on a busy main avenue with strong foot traffic and excellent visibility, this store has been serving the neighborhood since 1930 and has built a loyal customer base over nearly a century.

This 700 sq ft retail space includes a full basement with office and storage. The store is clean, well-maintained, and requires no renovations – a true turn-key operation.

With gross annual sales around $600,000 and an estimated net profit of $160,000 for an owner-operator, this business is both stable and scalable. The long-term lease (13 years remaining) provides added security for future growth.

Key Highlights:

• Prime Midtown Manhattan location on a major avenue

• Operating since 1930 – same owner for 17+ years

• Fully equipped with basement and office/storage

• Attractive storefront and interior – no upgrades needed

• Turn-key business with solid financial performance

• Favorable long-term lease

Growth Potential:

• Expand inventory to meet growing demand

• Host wine tastings and in-store events

• Upgrade POS to meet modern standards

• Launch online sales through your own platform

• Join delivery platforms like Drizly, DoorDash, Uber Eats, etc.

This is an ideal opportunity for both experienced operators and those looking to enter the liquor retail space in a prime NYC location.

Seller is open to reasonable offers. Don’t miss this opportunity to own a piece of New York retail history with strong upside.