Wine Store- Fine wines in affluent town
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $550,000 |
$989,292 |
$114,563 |
Inventory Value:
$125,000 ( not included in the asking price)
Business Summary:
Great Wine Store in affluent community. This store is RUN ABSENTEE and has a front and rear entrance. There is ample municipal and street parking. The seller owns multiple stores under the same name and this store can be purchased with or without trade name(price does not include trade name). Annual sales: (2012-$1,065,296 Profit Margin 36.1%), (2013-$1,035,750 Profit Margin 36.8%), (2014-$989,292 Profit Margin 36.2%). Breakdown of Sales: Wines- 70%+/-, Liquor- 15%+/-, Beer-15%+/-.Re-casted Cash Flow of $114,563.00 +/- available for (1) working owner (based on 2014 profit and loss results.) For further details contact Larry Bodner at 908-851-9040 Ext. 217.
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| Year
Business was Established: 2008 |
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| Number of Employees:
1ft/2pt |
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| Facilities / Terms of Lease:
There is a full/ finished basement (2,400 sq. ft.) with an office, bathroom, a kitchen area (refrigerator, microwave, counters and cabinets) and a storage room. The office is 300 +/- sq. ft. and storage room of 1,500 sq. ft. the hall, bath and kitchen being in the balance. In addition there are two storage/ utility areas on the main retail floor – one 75+/- sq. ft. and one 60+/- sq. ft.) Parking: plenty of off street (store has front and rear access) |
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| Owner
willing to finance:
7 year seller financing at prime rate plus 2 to qualified buyers. |
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| Owner
willing to train:
Seller will arrange training. |
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| Reason for selling:
Building his 3RD store. |
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| REQUEST MORE INFO |
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