Liquor Store With Upside Potential
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $720000
Net Profit / Cash Flow $183600
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1989
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner is retiring.
Description LIQUOR STORE for sale: Real opportunity for the person who wants to build this store where it belongs. Only 2 liquor licenses issued in this town, the other pays 8,000 rent so competition is not a factor. Store has LOTTO and a deli license. Business needs new blood to bring this establishment where it should be. The owner used to sell 600 cases of beer a week but has cut back tremendously, yet the store still produces a great income which means there is plenty of upside potential. There is plenty of parking, cheap rent and plenty of space to store and expand. SERIOUS BUYERS ONLY, MUST SHOW PROOF OF FUNDS.
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