Owner Financing is Available!
Business Overview:
- Located at major strip mall on Main St.
- 25 years old wine liquor business. Current owner has operated 10 years for honorable retirement.
- Average annual net sales of $1 mil (sales tax not included)
- 1,600 square feet store with 10 year lease
- Business Hour: 10 - 10 Mon-Sat, Noon-7 Sun
- Wine 35%, Liquor 35% and beer 30% with average gross profit of 30%.
- Lotto commission: $37,000 and Atlantic City bus ticket commission: $6,000
- Average Annual Gross Profit: $350,000 including commissions.
- Average Annual Operating Expenses: $204,000
- Average Annual Net Profit: $146,000 including lotto and bus ticket commission.
- Inventory: $200,000 financed by seller at 7% interest for 5 years.
- Asking Price of Business: $445,000
Due to heavy volume of calls, you are strongly recommended to ask broker BCA first BY EMAIL, then broker will email you the BCA of the business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: