Profitable Liquor Store in High Traffic Area
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $315,000 |
$440,000 |
$88,133 |
Furniture and Fixtures Value:
$20,000 (included in the asking price)
Inventory Value:
$35,000 ( not included in the asking price)
Business Summary:
Well-known 17 year old liquor, wine, & beer store on a main thoroughfare. Lots of foot traffic along with ample free street parking. A #44 "D" liquor license valued at approximately $160,000.00 is included in the sale. Furniture, Fixtures, & Equipment of $20,000.00 is included as well. Owner has been in the liquor business for many years, & would like to retire. The price is negotiable. For further information please contact Howard Goldberg at 908-851-9040 Ext. 209 or Seth Kain at Ext. 287.
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| Year
Business was Established: 1996 |
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| Number of Employees:
2PT |
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| Facilities / Terms of Lease:
The store is 800 sq. ft. All furniture, fixtures, and equipment are in good working order. Large beverage cooler for beer, soda, snapples, etc. 6 years are still remaining on a 10 year lease. New owner will be able to get a long term lease with the 1st option to purchase the property. |
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| Potential
Growth/Expansion:
A new owner can do some advertising and promotion to try to enhance profits. Its location is ideal to offer MoneyGrams to help bring in more clientele. This would lead to increased alcohol sales. |
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| Competition:
Minimal area competition. There are not any other liquor stores within several blocks of this store. |
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| Owner
willing to finance:
The owner would much prefer an “all cash” deal. He may consider offers with a significant amount of a down payment |
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| Owner
willing to train:
Up to two weeks if needed by the Buyer. |
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| Reason for selling:
The owner is looking to retire |
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| REQUEST MORE INFO |
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