Business For Sale

Retail Liquor Business

Not Disclosed, NJ
Sussex County


Asking Price: Annual Revenue:
$389,000 $53,900

Food & Beverage: Liquor Stores


Request More Information
Contact the Seller

RE: Retail Liquor Business Broker: Ron Cervelli
Owner Financing is Available!
Can be available with an appropriate down payment.

Quick Facts

Asking Price: $389,000
Annual Revenue: $53,900
Net Profit: Not Disclosed
Cash Flow: $132,000
Total Debt: Not Disclosed
FF&E: $220,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 2
BBN Listing #: 35513909
Broker Reference #: LQST383

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Owner financing available for this excellent opportunity to own this successful Retail Liquor Business in Northern New Jersey, in the County of Sussex and minutes from Route 80. The business will evidence a 2017 gross yearly income of $753,000 and a consistent minimum net yearly income of $132,000. The sale includes a valuable liquor license with an estimated value of approximately $175,000. The business also offers the opportunity to supply liquor consumption services and liquor tasting due to the type of New Jersey state issued liquor license. Although presently no consumption is offered, this additional service can substantially increase the gross and net yearly sales with wine tasting and general consumption. The yearly gross sales consist of 45% wine, 40% beer and 15 percent liquor. The business also has a state issued Lottery license which supplies additional cash flow. This liquor retail business in addition to the owner operator will require two-part time employees who are presently unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $1,300. The business has an assignable commercial lease which expires 2019-01-01 plus additional options, with a monthly rent of $6,782, approximately $41.93 per square foot and rent security $6,782. The business is active seven days per week, with hours from 10:00 am to 9:30 pm. This is a dependable twenty-five-year-old business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a continued investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This retail facility which consist of 1,975 square feet is located in a mid-size commercial mall with various other active and successful businesses. This business opportunity is located in Northern New Jersey, Sussex County on an active county road and in a highly successful commercial mall. The general area consists of various highly populated communities with continued demand for this particular food product.

Market Competition and Expansion:

To the best of our knowledge and due to limited liquor licenses, no other new competitors are expected near to this business and the owner has agreed to supply a satisfactory non-compete agreement to the purchaser. The business presently has a limited marketing plan, no Lotto, poor web site, can offer liquor tasting and consumption and if adjusted can further develop the business cash flow to an operator.

Reason for Selling:

The seller is presently absentee with full time employment.

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.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!