This is the business opportunity you have been waiting for.BEST BUY
For the price of a Liquor license, OVER 65 YEARS well established liquor store, located in a highly desirable town, , also rated #1 by Time Magazine in 2017.Very, very profitable business with high mark up with minimum overhead expenses-gives high net income.Very low fix rent with long lease. Current lease has 4 years with 2-5 year options.and can be increased further.
Plenty of store parking back and front off street ,a major pharmacy chain across the street with large parking area.Seller would consider financing part of the inventory to help the buyer with a smooth transition.-1600 st retail store with 1600 sq ft dry basement with conveyor belt. 9 door beer cooler with 5 other coolers for wine, cocktails, soda, water-Cigar case with humidor, 3 TV, ADT Security, new HVAC and 9 door beer cooler compressor installed 2021.LED CEILING LIGHTS
Owners retiring after 27 plus profitable years
Growth / expansion--opportunity to grow this well established business to a higher level by adding advertising, e-commerce, mailing weekly specials, and wine tastings, delivery
- Asking Price:
- $578,000
- Sales Revenue:
- $718,000
- Cash Flow:
- $218,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
4 years left with 2---- 5 year options
- Location:
-
Bergen county--great area
- Premises Details:
-
9 door walk in box
1600 sq feet retail area, 1600 storage area
Business Operation
- Expansion Potential:
-
add more services
e-commerce, advertising, wine tastings
- Reasons for selling:
-
retiring after 25 plus years
- Trading hours:
-
7 days 10 to 10
- Employees:
- 2 pt
- Years established:
- 1959
Other Information
- Support & training:
-
2 weeks
- Financing available:
-
owner with assist with part of the inventory
- Inventory / Stock value:
- $175,000
