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Liquor Store For Sale - Affluent Area
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3131000
Net Profit / Cash Flow $400000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 6 - 9
Inventory $550,000 equipment only.
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale The seller is retiring after many years of success in the liquor industry.
Description Super size liquor store located in a most affluent area of Northern NJ, Bergen County. The business has a wonderful reputation with a full menu of liquor product servicing a substantial area and multiple towns. The company has a gross yearly income of $3,200,000 and a 2012 expected net income of $400,000. This is not a discount liquor store and offers the best quality wines and liquors at competitive prices and has an effective on line service to its many customers. The business also has a cheese division which produces $340,000 in gross sales with a net income of $150,000. The business has the capacity for further growth by improving the on line liquor service and improving the existing marketing plan. The seller will supply a long term transitional period and supply a qualified buyer with owner financing. The facility consists of 6,800 square feet in a commercial setting with private parking as part of the lease agreement. The facility has multiple areas which include various products. The business has a full 3,000 square foot basement which is used for storage. Located in an upscale affluent area of Bergen County, New Jersey in a commercially zoned area with various businesses.
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