Broker Name:Ronald Cervelli
Broker Contact Form




Retail Liquor w.Lotto
(Food & Beverage , Liquor Stores)
Passaic County , NJ
Listed Price: $ 225,000
Listing ID: LQST402

Listing DetailsGross Revenue: $ 292,668
Cash Flow: $ 62,451
FFE: $ 145,000 (Included in Price)
Reason for Sale:

Owner is absentee with full time employment.

Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.

OperationsYear Established: 2013
Employees: 2
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 5200
Monthly Rent: $ 2,600
Square Footage: 1400

This successful retail facility which consist of approximately 1,400 square feet has a clean and professional appearance. This liquor business is on an active commercial avenue near to various national business operations which attract many daily shoppers and workers. This opportunity is in Northern New Jersey, Passaic County, which consists of various highly populated communities with continued demand for this industry.

SummaryBusiness Description:
This long-standing retail liquor business has been active for the past fifty years, serving its North Jersey, Passaic County customers with quality product and service. The company has a gross income of $292,668 and a consistent net yearly income. This retail liquor business has a high-volume Lotto & Rips. They are a family owned retail liquor business serving their neighborhood and adjoining communities. Whether you're looking for very special bottles, searching for a gift or planning an event or party, they can introduce their selections that offer their customers diversity and quality with pricing that allows you to enjoy better more often. This shop will offer choices that combine quality with value at all price points. They are committed to providing their customers with great service and friendly expert advice and they recognize that it's your appreciation and your satisfaction that's important, and that's what will always be most important. This retail liquor business consist of 1 full time and 1 part time employee who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing.The business transaction has an assignable commercial lease which expires 2027, plus additional options available, with a monthly rent of $2,600, cost per square foot is estimated at $22.29, and rent security of approximately $5,200. The business has been valued / priced at $225,000 which is based on a multiple of the net yearly income and the value of the specific business assets. Also, possible seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.



No new liquor licenses are available to this city and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

The business can be further expanded by the new operator, presently has a limited marketing plan, no local advertising, no web site and if improved can further develop the business yearly gross sales.


May be available to a qualified buyers.