RETAIL LIQUOR BUSINESS. LQST479

Price: $350,000

Location: Bergen County, New Jersey

Industry: Liquor Store

Listing ID: LQST479

Bergen County retail liquor business located on an active county road and a highly populated commercial avenue. The business has a gross income of $1,600,000 and a consistent net yearly income with additional growth and expansion. This is a dependable safe business opportunity and based on the asking price, and continued yearly net income, this business expects to supply a consistent return on investment to the owner operator. The sale includes a valuable NJ state issued distribution cigarette license.

Listing Details

Revenue: $619,998

Cash Flow: $110,000

FFE: $220,000 (Included in Price)

Inventory: $90,000

Reason For Sale:

The seller is retiring after many years in this industry.

Training & Support:

The owner will remain post-closing in order to supply an appropriate transitional period to the new operator.

Location

Security on Lease: Two Months

Lease Option: Yes additional options.

Monthly Rent: 4,500

Type of Location: Active commercial Mall

Square Footage: 1800

Relocatable?: Yes

Facilities Information:

This retail facility which consist of approximately 1,800 square feet is located in a mid-size commercial mall with various other active and successful businesses including a Shop Rite food mart. This business opportunity is located in Northern New Jersey, Bergen County on an active county road and in a large successful commercial mall. The general area consists of various highly populated communities with continued demand for this particular liquor / food product.

Summary

Owner Qualifications:

This industry requires NJ State government agency approval to purchase due to the

transfer requirements of the liquor license.

 

Competition:

To the best of our knowledge and due to limited liquor licenses, no other new competitors are expected near to this business and the owner has agreed to supply a satisfactory non-compete agreement to the purchaser.

 

Potential Growth:

The business presently has a limited marketing plan, No web site, and can increase its inventory which can increase the business gross sales.

Financing/Terms:

To be determined.

Ron Cervelli

contactus@regalconsultants.com

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