High Volume Liquor Store

Not Disclosed, NJ
Passaic County

Asking Price: Annual Revenue:
$375,000 $833,000

Food & Beverage: Liquor Stores

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RE: High Volume Liquor Store Broker: Seller of Business

Quick Facts

Asking Price: $375,000
Annual Revenue: $833,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 34983909
Broker Reference #: LQST465

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Business Overview:

High Volume Retal Liquor business with real estate available in an urban area of Passaic County, northern New Jersey. This long standing fifty-year-old business located in the highly popular urban municipality and offers the option to purchase the property. The company has a yearly gross income of $833,280 and will evidence a substantial net yearly income to an owner operator. This seven-day operation maintains standard hours from 10:00 am to 10:00 pm. Although the facility is located in a highly urban area, during its long existence, it has never had a criminal incident and is considered a generally safe area to the residents. The owner functions semi part time, approximately six hours per day and will train. SBA financing has been pre-approved for this excellent business opportunity. This is a profitable business opportunity and based on the asking price, down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Based on a 25-year payout, approximately 20% to 25% down payment, purchaser expects to obtain a consistent return on investment after debt service.

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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.

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