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Business for Sale Overview:

Active shopping center, large department store is the major tenant, with the liquor store located right next to a supermarket. Expansion possibilities which would result in a superstore operations. Currently the store is 2,400 sq. ft; future options to expand into adjoining space of 4,380 sq. ft., or combine the adjoining space, resulting in 6,780 sq. ft. The landlord is willing to explore these possibilities. Very high traffic area, near the towns of Orange, and Milford. Area to become even more active with the planned construction of a Lowe s Home Improvement Center a short distance from the package store. Affluent surrounding areas should support increased wine sales, with tastings and other promotions. Inventory:$45,000(E). Cash required: all. Lottery $10,000(E). Financial values (gross sales, cash flow etc.) are estimated.

Property Features and Assets:

Square footage: 2,400 (+/-). Recent change in lease proposal: 2 years remain on current lease @ $15.30 sq. ft. plus CAM, which is $4.76 sq. ft.; for a total of $20.06 sq. ft. Landlord willing to enter into negotiations regarding extension of lease, expansion of space, and to discuss lease rates.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.