High Volume Liquor Store With Lotto In Commercial Area
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1150000
Net Profit / Cash Flow $170000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1969
Number of Employees 1 - 3
Inventory $295000 equipment only.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Retirement after many years.
Description A wonderful 40 year old retail Liquor Store business for sale with Lotto located in a commercial shopping center and upscale area of Bergen County, New Jersey. The facility is conveniently located in the center of town and the next to 2 major retailers and national chains. The business facility is modern, well organized and has a wide variety of products; with various types of Liquor and Wine displays. The business produces annual sales of 1.1 Million with a substantial net income for the owner. The business offering includes a long term lease. This is an excellent opportunity to own a long established retail business!
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