• 80 Varick

  • Manhattan, New York 10013
  • $799,999
  • 2,500 SqFt
  • $320.00 / SqFt
  • HOA: N/a
  • MLS® #: 427196
  • Year Built: 0
  • Days Listed: 176

Description of 80 Varick, Manhattan

LIQUOR STORE BUSINESS FOR SALE IN MANHATTAN, SOHO, NEW YORK, 10013. AMAZING BUSINESS OPPORTUNITY! FULL SERVICE WELL ESTABLISHED PROFIT MAKING LIQUOR BUSINESS!!NEW LISTING RETAIL LIQUOR STORE FOR SALE IN SOHO, MANHATTAN, NEW YORK 10013. SUCCESSFUL BOUTIQUE LIQUOR RETAIL STORE LOCATED IN AN APPEALING, HIGH TRAFFIC LOCATION IN MANHATTAN. THIS MODERN WINE RETAILER HAS REINVENTED THE WINE-BUYING EXPERIENCE AND DIFFERENTIATED ITSELF FROM NEIGHBORING WINE STORES. BUSINESS HAS BEEN IN OPERATION FOR OVER 10 YEARS AND HAS NURTURED AN EXTREMELY LOYAL CUSTOMER BASE. A remarkable 93% of business is repeat business, resulting in very strong average transactions. Owner has implemented a proven and profitable business model, with 40% gross profit margins, for that past three years. The company’s analytical approach to operations drives consistent sales and income growth. (40% gross margin vs industry standard of 33%). The business sales consist 70% wine and 30% liquor sales, which results in a solid net income to the owner. This is an excellent opportunity to own a Successful Wine Store with a turnkey successful business model that has tremendous upside. Approximate Annual Total Net Income (cash flow): $255,000. Key Money: $499,999 Owner will assist with transition and hold a note for qualified buyer. Owner financing is available. If you ever have any questions or need any advice, don't hesitate to touch base with me.

Irena PopilevskyN.Y.S. Licensed Real Estate Broker / Owner

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Essential Property Information

  • MLS® #427196
  • Price$799,999
  • Bathrooms0.00
  • Square Footage2,500
  • TypeCommercial
  • Sub-TypeBusiness Only
  • StatusActive


  • Exterior FeaturesOther
  • RoofOther
  • ConstructionOther
  • FoundationOther

Community Information

  • Address80 Varick
  • AreaSoho
  • CityManhattan
  • CountyNew York (Manhattan)
  • StateNew York
  • Zip Code10013

Additional Information

  • Date ListedFebruary 11th, 2019
  • Days on Market176
  • ZoningM1-6, HSQ


  • Interior FeaturesOther
  • BasementNone

Listing Details

  • Listing OfficeWilk Real Estate I Llc.

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© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RealEstateSINY.com.Data last updated: November 17th, 2019 at 1:00am EST