MergerPlace

Liquor Store 8,750 sq. ft. For Sale

New Jersey (Somerset)


  • Asking Price: $1,575,000
  • Gross Income: $3,655,000
  • Cash Flow: $240,000
  • Real Estate: Not Disclosed
  • Inventory: $675,000
  • FF&E: $557,707
  • Listing ID: #206840
  • Established: 2015
  • Employees: 6 F/T 13 P/T Excluding Manager

Business Description

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/larrybodner@gmail.com


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: New Jersey
County: Somerset

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 F/T 13 P/T Excluding Manager

Financial Information

Asking Price: $1,575,000
Gross Revenue: $3,655,000
Cash Flow: $240,000
FF&E: $557,707
Inventory: $675,000
Seller Financing Available: No

Property Information

Facilities:

This store is 8,750 sq. ft., long lease with plenty of parking. All Fixtures & Equipment installed new in March/April 2015.

Growth & expansion opportunities:

Potential to add Lottery

Reason for selling:

Consolidation

Support & Training:

Seller will provide training

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Larry Bodner

Executive Business Brokers