MergerPlace

Old Established Profitable Liquor + Deli

New Jersey (Hudson)


  • Asking Price: $950,000
  • Gross Income: $790,000
  • Cash Flow: $236,772
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: Not Disclosed
  • Listing ID: #210249
  • Established: 1929
  • Employees: 2 FT 4 PT

Business Description

Well-established 89 years with good reputation and rent very much below market for 15 years, very profitable, 60% liquor, 40% food, yuppie town with well-off people, great potential for growth. Extra income rip $10,000, ATM owned $4800. Selling price includes liquor license which is worth 500,000 in Hoboken, NJ


Business Details

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

Company Information

Year Established: 1929
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT 4 PT

Financial Information

Asking Price: $950,000
Gross Revenue: $790,000
Cash Flow: $236,772
Inventory: $8,000
Seller Financing Available: Yes

Property Information

Facilities:

1100 square feet, parking on street, equipment in good condition, old established rent well below market rate for 15 years, yuppie town with affluent people

Growth & expansion opportunities:

By advertising and increasing inventory

Competition:

None near

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Solomon Sasson

Executive Business Brokers