Retail Liquor Store
RetailFor Sale in NJ
Financial & Assets Details
About the Business
Excellent business opportunity for this retail liquor business which includes liquor license. The business has a gross yearly income of $357,644, plus undisclosed income, and a net yearly income of $66,223. This forty-year-old business has a consistent yearly income which can be further developed with an onsite owner operator. Excellent business opportunity for this retail liquor business which includes liquor license. The business has a gross yearly income of $357,644, plus undisclosed income, and a net yearly income of $66,223. This forty-year-old business has a consistent yearly income which can be further developed with an onsite owner operator. This is a dependable business opportunity. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. The sale, which includes the distribution liquor license, has been valued at a very aggressive price based on a multiple of the net yearly income including the value of the specific business assets and seller financing has been conditionally approved to qualified buyer with an appropriate down payment, collateral and credit rating. The real estate is available through the seller’s realtor. This is a dependable business opportunity. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Growth & Expansion
The business presently has a limited marketing plan, no web site and if improved can further develop the business yearly gross sales.
Available to a qualified purchaser.
Competitors presently exist in the area, however due to limited liquor licenses, 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.
This retail liquor business in located in active urban city, Northern New Jersey, in the County of Union. The facility is conveniently located on a county road with lots of drive by vehicles. The business facility which consist of 1,275 square feet has is designed for customer convenience and quick service.
Support & Training
The seller / owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The sale is due to the owners’ relocation out of the general area.