3464vm Deli / Liquor Store
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $215,000 |
$480,000 |
$86,705 |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Inventory Value:
$40,000 ( not included in the asking price)
Business Summary:
This store can be comparted to a gem in the rough. Plenty of opportunities to expand volume, staying in present location by enlarging store and putting more emphasis on expanding product lines. At present, sells mostly food / convenience items. Can easily sell more liquor by enhancing inventory and starting delivery service. Liquor markup 38%. Food markup more than 100%. Big bear store 35%. There is a good alue to liquor license. Large investor can more entire concept to commercial sector of city to enhance volume. Unique store in that it has 2 distinct advantages to greater prosperity.
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| Year
Business was Established: 1996 |
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| Number of Employees:
2pt |
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| Facilities / Terms of Lease:
Neighborhood Deli / Liquor Store on corner in residential area of town. Ample street parking. Good lease. Additional 900 Sq. Ft. Available. |
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| Potential
Growth/Expansion:
Either taking on additional area 900 sq. ft. Putting more product in and start of delivery service or movement to more commercial area of town. |
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| Competition:
No competition from any competing stores in this residential area of city. New owner has option of staying put or moving to more active part of township. |
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| Owner
willing to finance:
Owner is willing to finance $65,000 -payable in 3 yrs at 9% |
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| Owner
willing to train:
two weeks |
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| Reason for selling:
Has 2nd location open 24 hrs. |
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| REQUEST MORE INFO |
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