Liquor Store for Sale
Essex County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $650,000 |
$970,000 |
Undisclosed |
Business Summary:
Great opportunity 3,000 sq ft liquor store in affluent community with many BYOB restaurants in town lots of foot traffic & street parking. Liquor license valued at around $200,000 +/-. Currently this liquor store is operating at breakeven; however a new buyer with purchasing power can order in bulk and take advantage of the RIPS, &develop an aggressive marketing program. Below the liquor store is plenty of storage space. There is also a major 3 level parking garage scheduled to open up in the next year for all the commuters.
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| Year
Business was Established: 1987 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
3,000 sq ft Liquor Store with street parking & two 5 year options |
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| Potential
Growth/Expansion:
New owner could purchase more volume of liquor & benefit from more favorable rips |
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| Competition:
Limited Competition |
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| Owner
willing to train:
Seller will stay on to train |
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| Reason for selling:
Looking to retire |
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| REQUEST MORE INFO |
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