Owner Financing is Available!
Business Overview:
A two year young ultra modern liquor store in a busy commercial mall and on a major state highway of Middlesex County, New Jersey. This recently built retail store has a beautiful image and continues to develop its gross sales. The business has an unusual 32 class liquor license, representing an actual value of $275,000 which allows the business to sell retail products and serve for consumption purposes. Walk in refrigeration, numerous displays, counters, shelving, point of sale computer system, full wet serving bar with all the accessories, all equipment required to maintain the business.
The building has a legal capacity for 112 customers, 3,000 square feet, on one main floor. Adequate private mall parking is at the facility and part of the lease agreement. Seven day operation with hours from 10 am to 10 pm. The business has a valuable 32 Class Liquor license which allows the business to sell retail liquor products and to serve liquor to the general public and is highly useful with wine tasting events. The sale includes a Seventeen year lease term with a gross rent of $6,000 monthly. Viewing by appointment only the employees are unaware of the pending sale. Public utilities water, gas, electric, telephone and a complete expense list is available. The additional advantage of this license is to offer wine tasting and to obtain an additional income from consumption service. The business has been recently approved for Lotto also representing an additional income. This is two year old business has a gross income of $700,000 and continues to develop. Financing is available with an appropriate down payment to a qualified buyer. This is a solid opportunity and should be seen.
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:
This ultra modern facility which is two years young consists of 3,000 square feet with a beautiful design, with an attractive image. The business has new shelving for inventory which is presently valued at $250,000. The rear of the facility has an attractive bar area with a seating capacity for twelve customers and a back area for storage.
Market Competition and Expansion:
Due to the specialized liquor license, no other similar liquor store competitors exist in this particular area. This business is two years old and requires additional time to further develop. Also by instituting a marketing plan this business can be further improved.
Reason for Selling:
The owner is semi absentee.
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.