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Business For Sale

Morris County Liquor Store

Not Disclosed, NJ, USA

Food & Beverage: Liquor Stores

Asking Price:
Year Established:
Employees:
Listing Number:
$245,000
2004
1
65562979
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
$55,050
Not Disclosed

Business for Sale Overview:

Absentee owned – value of D License over $750,000 in this town. Store’s main seller is the better quality and rated wines. Located in the commercial center of an affluent hot town. If owner were to replace single employee net cash flow would be close to $80,000 annually. Break down of sales 75% wine 20% liquor/cordial and less than 5% beer/water (if you can find them) store is dedicated to the serious wine buyer (wine spectator set and does outside wine tasting events. Attractive small store completely computerized with sit down areas to focus and read wine magazines. There are 7 nearby BYOB on that generate a great deal of evening traffic. Value of D License (could be up to $250,000) is the most valuable component of this liquor store – moving it to larger size store is a natural. Present store can be converted to smoker’s emporium or convenience store with lottery – either would go in this lucrative town.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Market Competition and Expansion:

Competition: This store has its own place in the wine store market as it caters only to serious wine oriented buyer. Expansion: The most valued possession in the purchase of this store is the value of the liquor license should be moved to larger facility in this wine conscious town –present facility would make great cigar or convenience store with lottery.

Reason for Selling:

Owner (absentee) has many other interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Morris County Liquor Store
Business Listed By:
Vito Mastromonaco
Executive Business Brokers
contact the seller
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