Seller's Contact Information
- RE: Retail Liquor Business
- Contact: Customer Service
Quick Facts
Asking Price: | $475,000 | |
Annual Revenue: | $1,100,000 | |
Net Profit: | $110 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1980 | |
Employees: | 2 | |
BBN Listing #: | 94343909 | |
Broker Reference #: | LQST475 |
Business Overview:
Bergen County retail liquor business located on an active county road and a highly populated commercial avenue. The business has a gross income of $1,600,000 and a consistent net yearly income with additional growth and expansion. This is a dependable safe business opportunity and based on the asking price, and continued yearly net income, this business expects to supply a consistent return on investment to the owner operator. The sale includes a valuable NJ state issued distribution cigarette license.
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Property Features and Assets:
This successful retail facility which consist of approximately 1,800 square feet have a clean professional appearance. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Bergen County, which consists of various affluent and highly populated communities with continued demand for this industry.
Market Competition and Expansion:
Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Reason for Selling:
Owner retiring.
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
Documents:
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