Change over from Food to Liquor
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $175,000 |
$216,000 |
$51,716 |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Inventory Value:
$25,000 ( not included in the asking price)
Business Summary:
Projected Figures based on performance of first 3 months of operation. Owner can show projected profit of $1,000- weekly w/ no add backs for operating thru Holiday Season. At present a great deal of Hot Food business- has a full kitchen w/ all equipment; capable of extensive menu. Owner wishes to place emphasis on the sale of liquor related products & eventually do away w/ hot meals, concentrating on the selling of Spanish orientated beer, wine & liquor is a priority & place lottery into store. This can be a winner if new owner can accomplish this. Present owner wants out as he is not a kitchen man- Liquor License value $85,000- Second year projections, after elimination of most hot food items; net cash flow would come in at over 80,000- & climb annually because of ethnic area.
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| Year
Business was Established: 30 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
Older store with full kitchen- Hot food end should be done away with good 10 year lease with options, metered parking spaces always available. |
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| Potential
Growth/Expansion:
Turning store into straight liquor store- doing away entirely with food end
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| Competition:
Several liquor stores in area this store will be orientated to selling more Spanish products beer/wine/liquor |
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| Owner
willing to finance:
Owner would finance $55,000 to buyer |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Owner would like to get into straight liquor store; no food. |
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| REQUEST MORE INFO |
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