Wonderful Liquor Store Plus With Property
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1000000
Net Profit / Cash Flow $175000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1975
Number of Employees 6 - 9
Inventory $325000 equipment only.
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training The seller will supply a full transitional period, post closing to the new operator.
Reason for Sale The owners are retiring after many successful years in the particular industry.
Description Excellent opportunity to own a profitable Liquor Store & Pub with the real estate consisting of two profitable and modern businesses in Passaic County Northern NJ. This one acre site also has eight commercial office rentals with excellent incomes on the second floor, representing a consistent income to the owner. The real estate has an estimated value $900,000. The businesses are fully separate with separate entrances and produce an average gross income of $1,000,000. The business yearly income of the liquor store consists of $500,000 and approximately $500,000 from the restaurant pub. The building consists of approximately 12,000 square feet, 4,000 feet for each floor, which includes a huge basement with a party room for private affairs with a capacity for 65 customers, full bar and a huge storage area. The business also has an outdoor patio, multiple entrances and a large private parking area. The seller is retiring and will supply a full transitional period post closing to the new owner and finance the sale to a qualified buyer. The facility which has been upgraded is clean, modern with an attractive image consisting of three floors, 12,000 square feet with a large private parking area. The business is located in Northern NJ, in an active community and commercial area of Passaic County, NJ on a high traffic county access road. This location has various businesses in the area and numerous daily workers & shoppers. The area is also adjacent to a large popular lake which is extremely active in the summer.
Click Here To Contact Seller
|
|