Business Overview:
Very successful liquor store business with Lotto located on a
major county road of Bergen County, NJ. This thriving
business is very well known throughout the community for its
excellent product selection and quality service. This long
established business continues to grow. Last year, the store
generated a gross income of over $250,000, plus an additional $11,000 for lottery. The business generates a consistent net income for the owner of approximately $60,000.
The facility is located in an affluent community in a modern mall setting, neighboring several other retail businesses. Due to the nature of the business, the business has a high product mark up, which results in an excellent return for any owner operator. The present owner has decided to retire and sell due to a health concern. This is an excellent business opportunity in a prime area of Northern New Jersey.
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.
Property Features and Assets:
Located in an upscale community and active commercial area of Bergen County, NJ. The facility is on a busy county road with a high traffic volume. The business serves a large number of working class communities which require this retail product. The facility consists of 1,350 square feet with a full basement and an attractive store front. The store is centrally located in a mall center with 12 other businesses, which attract a large volume of daily customers and shoppers.
Market Competition and Expansion:
Due to the valuable liquor license and the specific location, there are very few and limited competitors in the general area. With improved marketing and advertising, the business exposure can be further increased representing improved sales.
Reason for Selling:
Seller is retiring due to a health concern.
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.