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Business For Sale

Retail Liquor Store & Pub on Busy Road

Passaic County, NJ

Food & Beverage: Liquor Stores

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$239,000
Not Disclosed
Not Disclosed
$50,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1985
4
48493909
Owner Financing is Available!
Seller financing is available for a qualified purchaser.

Business Overview:

Combination Liquor Store & Pub business located on an active county road of upper Passaic County, New Jersey. The business is ample with a dual setup consisting of a retail packaged goods section, an attractive bar lounge area and a recently built outdoor patio with additional seating for 35 customers. The business has an established clientele and provides excellent customer service with key employees who will remain after the sale. The sales breakdown consists of 70% in retail sales and 30 % in bar sales. The opportunity offers has a long term lease with a modest rent payments. The business enjoys annual gross sales over $310,000. The seller is highly motivated to sell due to non-involvement with the business. The seller will also supply a full training period to the owner operator. This is an excellent opportunity with a large potential for further growth.

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 Passaic County with a high population and a continued demand for this type service and products. The particular location is on a busy county road with lots of daily traffic and many other commercial businesses in the area. The facility consists of 2,000 square feet and was recently fully upgraded with an attractive image. The business has lots of storage space, modern equipment and an outdoor patio area with an additional bar, which allows exterior consumption and light music. An existing 10 year lease with additional options is available for transfer. The present monthly rent is approximately $2,800.

Market Competition and Expansion:

Due to the combination of services provided at this facility, no similar operations are nearby.With improved marketing efforts and further promotion, the business can increase its profit.

Reason for Selling:

The business was purchased for owner’s children wh

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.
  • This is not a distressed business or bankruptcy situation.
 

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