Owner Financing is Available!
Business Overview:
Retail Liquor Store Business in a highly populated community of Essex County, West Orange, New Jersey. This business has existed for sixty years as a popular and dependable business for the local community it serves. The city is limited to five distribution liquor licenses which have an actual value of $175,000. This license is a valuable Broad C license, 32 which is very difficult to obtain and supports the selling price of this transaction. The business was approved for Lotto which is available upon request from the new operator. The sale includes the closed liquor store and real estate which has a five unit apartment at a monthly of $1,000 and five garages at $1,200 monthly. The business has an
existing inventory value of approximately $35,000. Bank financing has been approved for the real estate and the seller will finance the business transaction at a reasonable interest rate. The sale includes a Distribution Liquor License, Broad C, refrigeration and walk in units, POS system, numerous displays, etc. The building has a legal capacity for 35 customers consisting of 1,100 square feet. Adequate municipal parking is available and at this commercial location. The business is active seven days per week, hours 10:00 am to 11:00 pm. The sale includes a valuable New
Jersey State issued Broad C Distribution liquor license. The business produced an $7500 average weekly income for many years which can be further improved with on site management. Please contact broker for additional information.
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:
The facility consists of 1,100 sq. ft. on a commercial active avenue with lots of drive by traffic. The business has a front and rear entrance and a full basement. Located in a highly populated urban city area of Essex County, New Jersey, West Orange with continued demand for this retail service.
Market Competition and Expansion:
Due to the non availability of any new Distribution liquor licenses no other competitors exists in this particular area.
Reason for Selling:
Relocated to an alternative business
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.