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LIQUOR-DELI-LOTTO

RetailFor Sale in Jersey City, NJ

Listing ID: LQST478 | Broker Listing ID: BLP960384

Financial & Assets Details

$900,000
$120,000
$370,000
$90,000
1,750+/-

About the Business

1970
2
$5,000
Yes

Business Description

This long-standing retail liquor deli business has been active for the past fifty years, serving its North Jersey, Hudson County customers with quality product and service. The company has a consistent gross income and a dependable net yearly income. This retail business represents liquor, cigarettes, and lotto income. They are a family-owned retail liquor business serving their neighborhood and adjoining communities. They are committed to providing their customers with great service and friendly expert advice and they recognize that it is your appreciation and your satisfaction that is important, and that is what will always be most important. This is a dependable safe business opportunity.

Growth & Expansion

The business can be further expanded by the new operator, presently has a limited marketing plan, no local advertising, no web site, also increase the liquor inventory and if improved can further develop the business yearly gross sales.

Seller Financing

seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Market Competition:

No new liquor licenses are available to this city and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Support & Training

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

Reason for Selling:

The purpose of this business transaction is due to the owner retirement after many years.

Listing ID: LQST478

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