Profitable Liquor Store - Priced Below Assets!
Not Disclosed, NJ Hudson County
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- RE: Profitable Liquor Store - Priced Below Assets!
- Contact: Eric Sharret
Quick Facts
| Asking Price: | $475,000 | |
| Annual Revenue: | $576,228 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $90,660 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 2 | |
| BBN Listing #: | 1015486 | |
| Broker Reference #: | 3401-19602 |
Business Overview:
This well-established liquor store is located in an in demand section of Hudson County. The business serves a loyal local customer base located within one block of a popular park.
The sale includes $50K in inventory, estimated $150K in furniture and MOST importantly a Type 44 Liquor License. These licenses trade in the secondary market for between $300-500K.
This profitable business is priced below the cost of the assets!
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The business operates from a leased retail location consisting of ~1,000 sq ft showroom and ~600 sq ft storage.
Assets = $575,000
Market Competition and Expansion:
The area contains other liquor stores; however, this business benefits from its convenient location near the park and established customer base.
The business would benefit from a website and social media presence to increase brand awareness. The liquor license is transferable within the same ZIP code, allowing the business to relocate to a larger space if needed to accommodate growth and expansion.
Reason for Selling:
The owner has relocated outside the immediate area. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
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