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Profitable Liquor Store - Priced Below Assets! For Sale

Hudson County, New Jersey, US
Asking Price:
$475,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$576,228
Cash Flow:
$90,660

This well-established liquor store is located in an in demand section of Hudson County. The business serves a loyal local customer base located within one block of a popular park.

The sale includes $50K in inventory, estimated $150K in furniture and MOST importantly a Type 44 Liquor License. These licenses trade in the secondary market for between $300-500K.

This profitable business is priced below the cost of the assets!

Property Information

Real Estate:

Lease

Premises Details:

The business operates from a leased retail location consisting of ~1,000 sq ft showroom and ~600 sq ft storage.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

The business would benefit from a website and social media presence to increase brand awareness. The liquor license is transferable within the same ZIP code, allowing the business to relocate to a larger space if needed to accommodate growth and expansion.

Competition / Market:

The area contains other liquor stores; however, this business benefits from its convenient location near the park and established customer base.

Reasons for selling:

The owner has relocated outside the immediate area.

Trading hours:

Monday-Sunday 11am-10pm

Employees:
1 FT/1 PT
Years established:
14

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$425K down/$50K over 12 mos. @ 8%.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price