Liquor Store 8,750 sq. ft.
Somerset County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $1,575,000 |
$3,655,000 |
$240,000 |
Furniture and Fixtures Value:
$557,707 (included in the asking price)
Inventory Value:
$675,000 ( not included in the asking price)
Business Summary:
Great State of the Art Liquor Store in affluent Somerset County. The store is 8,750 sq. ft. with plenty of parking located in a major supermarket anchored shopping center. Current inventory $675,000.00 +/- and can be reduced as desired by purchaser. Break down of sales: 51.3% wine sales, 17.5% beer sales, 19.9% liquor sales, 7.6% gourmet products, 2.3% gifts, 1.4% other. This store is run absentee (owner not present) run by manager. The build out cost together with fixtures, equipment, and machinery totaled $984,703.00. The 2017 sales of $3,655,373.000 (does not include website sales). The cash flow of $240,000 +/- is recasted and does not include the manager's salary, advertising and other expenses not needed to run the business. The Trade Name and Website is NOT included in the sale. For further information contact LARRY BODNER-Exclusive Broker @ 908-851-9040/[email protected]
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| Year
Business was Established: 2015 |
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| Number of Employees:
6 F/T 13 P/T Excluding Ma |
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| Facilities / Terms of Lease:
This store is 8,750 sq. ft., long lease with plenty of parking. All Fixtures & Equipment installed new in March/April 2015. |
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| Potential
Growth/Expansion:
Potential to add Lottery |
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| Owner
willing to finance:
Limited Seller financing may be available to qualified Buyers. |
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| Owner
willing to train:
Seller will provide training |
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| Reason for selling:
Consolidation |
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| REQUEST MORE INFO |
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