Price: $375,000
Location: Bergen County, New Jersey
Industry: Liquor Store
Listing ID: LQST477
Bergen County retail liquor business with consumption income for this long standing and profitable retail liquor business located in Northern New Jersey. The business also offers liquor consumption services and liquor tasting due to the type of New Jersey state issued liquor license. The yearly gross sales consist of 50% retail and 50% consumption representing 40% wine, 40% beer and 20 % liquor. If the new operator prefers, the business can be converted to strictly retail sales without maintaining consumption services. This is a dependable business opportunity and can be further improved.
Listing Details
Revenue: $319,998
Cash Flow: $90,000
FFE: $220,000 (Included in Price)
Inventory: $40,000
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.