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Liquor Store

Union County , New Jersey

Asking Price: Gross: Cash Flow:
$275,000 $495,000 $50,000

Inventory Value:
$60,000 ( not included in the asking price)

Real Estate:
$1,000,000 ( not included in the asking price)

Business Summary:
Liquor store with real estate on very busy street. These are 2011 Federal Tax Return reported numbers. The store and building occupy 3/4 of 1 block. Building can be converted to 4 businesses downstairs & 3 apartments or offices upstairs. Landlord will give a buyer a 5 yr lease & 5 yr option. OTHER INCOME: Commission-$7,308. For further information, please contact Howard Goldberg at 908-851-9040. Email: [email protected]

 
   
   
Year Business was Established: 1997
   
Number of Employees: 1  
   
Facilities / Terms of Lease: Liquor store with real estate on very busy street. These are 2011 Federal Tax Return reported numbers. The store and building occupy 3/4 of 1 block. Building can be converted to 4 businesses downstairs & 3 apartments or offices upstairs. Landlord will give a buyer a 5 yr lease & 5 yr option. OTHER INCOME: Commission-$7,308.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Retiring  
 

 

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