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Liquor Store

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$250,000 $520,000 $100,000

Furniture and Fixtures Value:
$15,000 (included in the asking price)

Inventory Value:
$60,000 ( not included in the asking price)

Business Summary:
Very busy store- sells individual bottles, small sizes (very profitable)- selling space small, no product on the floor, option to buy the real estate- free-standing building- street parking. OTHER INCOME- Lottery Commission - $12,000, Rips - $7,000, Misc. - $6,000 = $25,000. Seller will finance inventory over 6 months. Also, much potential with 80 new condos to be built across the street, available to purchase with the real estate.

 
   
   
Year Business was Established: 75
   
Number of Employees: 2PT  
   
Facilities / Terms of Lease: 5 year lease  
   
Owner willing to finance: Inventory to be financed over 6 months  
   
Owner willing to train: 2 weeks  
 

 

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