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Liquor Store

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$425,000 $475,000 $80,000

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

Real Estate:
$235,000 (included in the asking price)

Business Summary:
Very active store with large lottery commission- available with the real estate which consists of 2-1 bedroom apartment upstairs- currently empty but when rented should lease for $1,000 each per month. Real Estate Taxes $3,500 a year and insurance $4,000 a year. Other income- Lottery commission $25,000 + $2,794 additional income. For further information, please contact Howard Goldberg at 908-851-9040 Ext 209.

 
   
   
Year Business was Established: 1960
   
Number of Employees: 2PT  
   
Facilities / Terms of Lease: 2000sq.ft store, street parking. Seller owns the real estate.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Owns another liquor store, too much too handle.  
 

 

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