Liquor Store

New Jersey (Bergen)

  • Asking Price: $365,000
  • Gross Income: $525,000
  • Cash Flow: $135,000
  • Real Estate: Not Disclosed
  • Inventory: $150,000
  • FF&E: $50,000
  • Listing ID: #206922
  • Established: 60
  • Employees: 2 PT

Business Description

Favorable Factors: 1) very low & fix rent, NO additional maint. 2) long lease w/ option to renew 3)includes use of basement with conveyer belt 4)ample store parking in rear 5) CVS pharmacy right across the store 6) minimum overhead expenses 7) high markup (about average 50%) 8) very good community & safe town 9) THE TOWN RATED #1, BY TIME MAGAZINE 10) very well established 60 years as liquor store 11) current owner retiring after 22 years OTHER INCOME: lottery, ATM, fax, money orders, bus TIX & RIPS

Business Details

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

Company Information

Year Established: 60
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 PT

Financial Information

Asking Price: $365,000
Gross Revenue: $525,000
Cash Flow: $135,000
FF&E: $50,000
Inventory: $150,000
Seller Financing Available: No

Property Information

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Howard Goldberg

Executive Business Brokers