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Business For Sale

LIQUOR STORE & BAR IN A BUSY COMMERCIAL AREA

Attn: Ron Cervelli
Hillside area, NJ, USA
Listing Number: "139"
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Asking Price: $285,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Liquor Stores  
Reason for Selling: Retirement after thirty (30) years
Year Established: 1998
# of Employees: 4
Yearly Cash Flow: $100,000
Yearly Gross Income: $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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