Retail Liquor Shop & Lotto

Not Disclosed, NJ
Union County


Asking Price: Annual Revenue:
Not Disclosed $1,528,910

Food & Beverage: Liquor Stores


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RE: Retail Liquor Shop & Lotto Broker: Ron Cervelli
Owner Financing is Available!
Available to a qualified buyer.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,528,910
Net Profit: Not Disclosed
Cash Flow: $190,000
Total Debt: Not Disclosed
FF&E: $375,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 6
BBN Listing #: 90553909
Broker Reference #: LQST410

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Business Overview:

High volume and highly successful retail liquor business in a popular mall on an active state highway in Union County New Jersey. The business has a gross yearly income of $1,528,910 and a net yearly income of $190,000 based on an onsite owner operator. The business also has a lotto yearly net income of $28,000. The business has a valuable C type liquor license which additionally permits consumption and wine tasting income representing approximately $86,968 of the gross yearly income. This retail company has 3 part time and 3 full-time employees who are unaware of the pending sale and fully expected to remain post-closing. This transaction will include an assignable commercial lease which expires 2022 plus additional options, with a monthly rent of $8,121.99 all in, includes sign and cam charges, rent per square foot is approximately $26.46 and rent security of approximately $28,000. Inventory is dollar for dollar and based on wholesale value, NOT included in asking price. This is a dependable business opportunity. 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.

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Property Features and Assets:

This retail facility consist of approximately 5,100 square feet has an attractive clean modern appearance with a wonderful convenient location. The business is located on a state highway, US Route 1 in a highly active commercial mall with various other successful national franchise businesses. This opportunity is located in Northern New Jersey, Union County, which consists of various highly populated communities with continued demand for this particular industry.

Market Competition and Expansion:

To the best of our knowledge, no new competitors are expected near to this business and the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business presently has a limited marketing plan, poor web site and if developed can further improve the business gross sales.

Reason for Selling:

Owner is retiring from the industry.

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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