Available
Century Old Wine & Liquor Store in Hells Kitchen - Amazing Location!
$299.000
Description
Hells Kitchen Wine & Liquor Store – Long Established - Beautiful Turn Key Boutique Shop
Asking Price: $299,000 + 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
- Favorable 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.
Overview
Property ID:
12538
Type:
Retail - Liquor - Beer Dist
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