Liquor Store In Major Food Supermarket Mall
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $995000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 1 - 3
Inventory 125000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide a complete review and training period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Alternative business industry out of the area.
Description A very ample & modern retail liquor store for sale, located in a major food chain supermarket mall and upscale community of Essex County, New Jersey. The business has a substantial mark up because sixty five (65%) percent of the sales consist of fine wines. The facility is newer and very ample, with POS counters, large displays and a full basement for additional storage. The liquor license has a resale value of $400,000 and all internal equipment is included in the sale. The business can also offer other sale products such as Lotto, Cigarettes, etc in order to increase the volume. The business is actually one year young and the seller cannot maintain the high demand due to an alternative business out of the area. This is a solid opportunity and an excellent purchase!
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