Liquor Store / Bar
Essex Co., New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $550,000 |
$781,649 |
$107,741 |
Furniture and Fixtures Value:
$120,000 (included in the asking price)
Inventory Value:
$140,000 ( not included in the asking price)
Business Summary:
Extremely busy liquor bar/with separate entrances adjoined within very little liquor sells cold beverages all year long. Mostly single cans beer, (Big markup) owner is landlord and would give buyer bar/lounge. Plenty of street parking without for 6 cars in rear. Figures come closets income tax figures place is well known within area and has established itself as congregating place for area residents – liquor store has steady walk in trade. Broad C liquor license valued at $85,000.
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| Year
Business was Established: 1973 |
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| Number of Employees:
12 |
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| Facilities / Terms of Lease:
Older store – 5,000 sq. ft. has rear parking plus street parking owner is landlord and world give great lease. |
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| Potential
Growth/Expansion:
Store should be cleaned up/bar lounge can focus on getting DJ entertainment on weekend. |
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| Competition:
No liquor store competition area another lounge in area does not have the regular patron make up as the harmony. |
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| Owner
willing to finance:
Owner will accept financing at $200,000 – terms negotiable. |
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| Owner
willing to train:
Two weeks – easy operation to manage. |
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| Reason for selling:
Owner is relaxing after 35 years. |
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| REQUEST MORE INFO |
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