- Listing ID: 896544
- (Seller ref: LQST110)
Modern Liquor Store In Shopping Center For Sale
- Location:
-
- USA
- > North East
- > New Jersey
- > West Orange Area
- Category:
- Type:
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this listing to a friend >>
- Print this listing >>
Summary
- Asking price:
- $575,000 (Furniture / Fixtures included)
- Sales revenue:
- $1,100,000
- Cash flow:
- $125,000
- Years established:
- 1
- Employees:
- 2
Business description
A modern liquor store 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!
Property information
- Real Estate:
- Lease
- Lease terms:
- An existing ten year lease plus 2 additional five year options is available for transfer.There is a monthly gross rent of $7,659 and 3% annual rent increase.
- Leasehold rent:
- $91,908 per annum
- Location:
- Facility is 2,200 square feet plus an additional basement area.
- Premises details:
- Ample mall parking is also available and included in the sale.
- Size in square feet:
- 2,200
Other information
- Expansion potential:
- This business is quite new with very limited marketing. With a full and aggressive advertising plan this business can be developed.
- Competition / Market:
- No other liquor store competitors exist in this commercial mall or area due to the difficulty in obtaining a liquor license.
- Support & training:
- Seller will provide a complete review and training period. Sale is subject to the successful transfer and approval of the liquor license.
- Reasons for selling:
- Alternative Business industry out of the area.
- Trading hours:
- Monday thru Thursday Friday & Saturday Sunday
10:00 am to 8:30 pm 10:00 am to 10pm 12:00pm to 5:00pm
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Seller financing is available
- Furniture / Fixtures value:
- $575,000 (included in the asking price)
- Inventory / Stock value:
- $125,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- USA
- > North East
- > New Jersey
- > West Orange Area
Other buyers are looking to buy a business like this in Business Wanted >>
related resources
Post your comments and questions in the Forum >>
View all the resources you need to get through the buying process in Don't Dream It. Do It. >>
Other buyers need finance to buy a business like this in Finance Wanted >>
selling a business?
Are you selling a Modern Liquor Store In Shopping Center in New Jersey? If you own a business and are considering selling, visit our Selling a Liquor Store / Off Licence section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD LIQUOR STORE BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS WANTED
- Reach sellers looking for a business buyer by placing a Business Wanted advert.
-
- Business Wanted
- BUY A FRANCHISE
- If you’re a first time buyer then buying a franchise can be a smart way into business.
-
- Browse hundreds of Franchise Opportunities
Advertisement
