Seller's Contact Information
- RE: Retail Liquor Business
- Contact: Ron Cervelli
Quick Facts
| Asking Price: | $395,000 | |
| Annual Revenue: | $1,500,000 | |
| Net Profit: | $100 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 350,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1985 | |
| Employees: | 2 | |
| BBN Listing #: | 55633909 | |
| 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. The business fixed assets have an estimated value of approximately $285,000 which is based on the replacement cost of the original buildout, representing equipment, licensing, tangible & nontangible, in addition to the multiple of the existing net yearly income. This transaction consists of a fully equipped commercial retail operation, which includes, required municipal & state licenses, distribution liquor license, web site, social media venues, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.
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Property Features and Assets:
This retail facility which consist of approximately 1,600 square feet is located in a mid-size commercial mall with various other active and successful businesses including a Shop Rite food mart. This business opportunity is located in Northern New Jersey, Bergen County on an active county road and in a large successful commercial mall. The general area consists of various highly populated communities with continued demand for this particular liquor / 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.
Reason for Selling:
Owner retiring.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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