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Business For Sale
LIQUOR STORE & BAR IN A BUSY COMMERCIAL AREA
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Asking Price: |
$285,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Liquor Stores
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Reason for Selling:
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Retirement after thirty (30) years |
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Year Established:
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1998 |
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# of Employees:
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4 |
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Yearly Cash Flow:
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$100,000 |
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Yearly Gross Income:
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$494,000 |
Business for Sale Overview:
A profitable Liquor Store and Bar Lounge located in a busy, commercial area of Union County, New Jersey. The business consists of two businesses, a large Lounge and a busy Liquor store. The site rental is approximately 2,100 square feet with a modest rent. The business is essentially a Neighborhood tavern well known and visited within the nearby towns. The owner is retiring after many years and is prepared to finance the sale to a qualified buyer. This business produces approximately $500,000 in yearly gross sales, with 60% of the revenue coming from the Bar sales and the remaining 40% from Liquor store sales. A valuable liquor license is included in the sale. This is a wonderful opportunity, priced to sell and must be seen to be fully appreciated.
Property Features and Assets:
Business facility consists of 2,000 square feet with an indoor capacity for 50 customers. A new ten year lease is transferable to the new owner. Ample street parking is available in the immediate area.
Market Competition and Expansion:
No other similar Liquor Stores are in this particular area. A growth in sales can also be acquired with updated, local advertising and by adding Lottery.
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.
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