Liquor Store For Sale
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $842400
Net Profit / Cash Flow $244224
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1988
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Personal
Description Very profitable liquor store established for 20 years (previous owner 40 years same location). The store does an average of $75,000 per month - that's not including lotto which generates $53,000 in commission per year, phone cards $13,000, ATM,wire transfer and lottery books generate another $9,000 plus. The owner owns the property and will give a long lease of 10 years plus 5 year option. Great for an investor who wants to make money immediately!
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