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Liquor Store

Somerset County, New Jersey

Asking Price: Gross: Cash Flow:
$750,000 $1,200,000 $163,120

Furniture and Fixtures Value:
$150,000 (included in the asking price)

Inventory Value:
$150,000 ( not included in the asking price)

Business Summary:
Large beautiful store in mall location – 6,500 sq. ft; 5,500 selling space + 1,000 sq. ft. storage space which can be made into additional selling space or bar area because store has a \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\"Broad C\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\" license which would allow that. License value at $500,000 - furniture, fixtures + equipment value at $150,000. Sales breakdown - wine 75% - liquor 15%, beer 5% and misc. 5%. Other income-Lottery $21,000, ATM+ calling cards 15,000 RIPS(retail incentive program) 40,000=$91,000. These figures are projected for 2009. For further information, please contact 908-851-9040 Ext 209.

 
   
   
Year Business was Established: 1999
   
Number of Employees: 4PT/1FT  
   
Facilities / Terms of Lease: 6,500 sq. ft. beautiful large mall parking – 10 year lease (5 years + 5 year option).  
   
Owner willing to finance: inventory to be financed over 1 year  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Ill health  
 

 

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