Established Liquor Store - 29125

Hudson County, NJ
Hudson County

Asking Price: Annual Revenue:
$200,000 $500,000

Food & Beverage: Liquor Stores

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RE: Established Liquor Store - 29125 Broker: Gerald Nimberg

Quick Facts

Asking Price: $200,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 4114447
Broker Reference #: 29125

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Business Overview:

A liquor store located in Hudson County, New Jersey has just come on the market. It is a busy, very well stocked wine and liquor store, offering lottery, snacks, ATM services and cigarettes in addition to its liquor sales. The owner consolidated two liquor stores into the current one store three years ago and he wants to sell it now that it has developed. The store is being managed by the owners 80 year old uncle who wants to retire. Sales which finished 2016 at $443,000 have increased year to year since inception and were 23.5% higher in 2016 than in 2015. Profits have grown proportionately and now exceed 30% of sales. Continued and substantial growth is possible by virtue of the stores highway access to New York City's bridges and tunnels inviting those who come and go to New York to take advantage of Jersey's far lower cigarette and liquor prices. Also, the store has room to accommodate a thriving bulk sale, discounted price business for those willing and able to purchase liquor or cigarettes by the case. Please contact the broker or email us for further information.

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Reason for Selling:

Other interests.

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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