Great Return with Building Included
Mercer County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $700,000 |
$1,267,476 |
$313,080 |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Inventory Value:
$150,000 ( not included in the asking price)
Real Estate:
$200,000 (included in the asking price)
Business Summary:
Business expenses taking from 2013 tax returns, Sales has gone up last several year 15% Credit Cards 85% Cash/ 35% Beer/25% Vodka Whiskey/25% Wine 15% other products. Hardly any specials very heavy Polish patronage. Building valued over 200k License valued 90k, 2 story build with 1 apartment at $800rent, 10 door beer cooler, Main cellar. 4 parking spacing at rear, big volume increases each year. Owner salary 38,500, Lottery 22,450, Apt rental $9600 = $70,000. This is a good return where you get the building within selling price. Perfect for polish speaking buyer, Vodka flows here basement for storage. Second floor apartment.
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| Year
Business was Established: 1914 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
Converted to liquor store 7 years ago well trafficked store shows annual sales improved. Building also has 4 parking spaces. |
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| Potential
Growth/Expansion:
Advertising; sales and delivery should increase business |
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| Competition:
Liquor stores in this area of Mercer County are served blocks apart from each other the populations here are heavy drinkers. |
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| Owner
willing to finance:
Owner knows that since a mortgage can be obtained on value of building and D Liquor License owner would prefer all cash. |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owner selling several listings |
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| REQUEST MORE INFO |
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