Business For Sale

Old Established Profitable Liquor + Deli

Hoboken, NJ
Hudson County


Asking Price: Annual Revenue:
$950,000 $790,000

Food & Beverage: Liquor Stores


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RE: Old Established Profitable Liquor + Deli Broker: Solomon Sasson

Quick Facts

Asking Price: $950,000
Annual Revenue: $790,000
Net Profit: Not Disclosed
Cash Flow: $236,772
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1929
Employees: 6
BBN Listing #: 51792979
Broker Reference #: 6288 SS

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Business Overview:

Well-established 89-years with good reputation and rent very much below market for 15 years, very profitable, 60% liquor, 40% food, yuppie town with well-off people, great potential for growth. Extra income rip $10,000, ATM-owned $4,800. Selling price includes liquor license which is worth $500,000 in Hoboken, NJ.

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Property Features and Assets:

1,100 square feet, parking on street, equipment in good condition, old established, yuppie town with affluent people.

Market Competition and Expansion:

No competition near, expansion by advertising and increasing inventory.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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