Middlesex Liquor Store/Tavern
Middlesex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $310,000 |
$554,640 |
$19,459 |
Furniture and Fixtures Value:
$130,000 (included in the asking price)
Inventory Value:
$25,000 ( not included in the asking price)
Real Estate:
$480,000 ( not included in the asking price)
Business Summary:
INCOME TAX FIGURES EXCEPT FOR RENT (added) at present owner who is landlord pays no rent to himself. Owner will do as much as he can do to insure a profitable venture to any Buyer, everything and all prices negotiable.
COMPLETELY ABSENTEE OPERATOR (owner is also landlord giving option to buy building 3 store fronts $480,000) (4200sq.ft) Bar/store 3,000sq.ft includes full kitchen of 350sq.ft owner is giving business and building at an extremely low price. Broad C Liquor license value over 120k. Mostly cash. Business Tavern 35% of gross sales 25% mark ups, liquor store 28% markup. New owner can introduce new cliental to this blue collar shot/beer atmosphere 9 beer taps 18 seats at bar plus settings at tables, plenty of standing room. Room to expand into 1,200sq.ft adjacent area. This terrific buy -Business, building, Broad C license $790,000k Parking available at mall across street plus metered parking. Business is solid. Kitchen not in use. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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| Year
Business was Established: 1962 |
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| Facilities / Terms of Lease:
1,500sq.ft bar, 1,200sq.ft liquor store, in addition adjacent connected 1,200 sq.ft area mall parking across street plus metered parking more than ample. |
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| Potential
Growth/Expansion:
Opening kitchen extending into connected empty 1,200sq.ft adjacent area- great area to put different evening happenings or events |
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| Competition:
Competition does not seem to have any effect of sales here, regular blue collar shot/beer cliental Tavern, liquor store blue collar Hispanic Beer/Beer and Liquor |
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| Owner
willing to finance:
For business owner is willing to accept $130,000 down with a negotiable balance of $180,000 Broad C license value over $120,000 building $480,000 asking price $79,000 license, business building |
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| Owner
willing to train:
Two weeks training present manager will stay on. |
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| Reason for selling:
Owner lives down Monmouth County and works in NYC- out of the way |
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| REQUEST MORE INFO |
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