Retail Liquor Store

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
Not Disclosed $930,000

Food & Beverage: Liquor Stores


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RE: Retail Liquor Store Broker: Ron Cervelli
Owner Financing is Available!
Available to a qualified buyer with an appropriate down payment.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $930,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $440,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 3483909
Broker Reference #: LQST400

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Business Overview:

Ultra-modern, upscale retail liquor & wine shop located in a new urban community of Bergen County, New Jersey. The general area has recently built hundreds of new modern residential units that service professional singles and young couples. With a huge selection of wines and liquors their customers explore their extensive worldwide selection of wines. They carry a broad selection of spirits from around the globe as well as all of the necessary accessories to satisfy their large variety of customers. Their selection of Seasonal and IPA Beers are extensive, and they carry a variety of premium cigars. Located in the heart of Bergen County, New Jersey this modern business is a service-oriented wine shop specializing in artisanal producers with an emphasis on organic and bio dynamic vineyards. The business is located in an active affluent community and walking distance to an active train station. The shop that has been designed in a rustic-modern style, which features strong value on a wide variety of fine wines with a substantial profit margin. This retail liquor shop consist of three full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $4,150. The business transaction has an assignable commercial lease which expires 2027, plus additional options available, with a monthly rent of $9,941, cost per square foot is estimated at $25 and rent security of approximately $20,000. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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Property Features and Assets:

This retail liquor business opportunity is located in Northern New Jersey, Bergen County, which consists of various highly populated affluent communities with continued demand for this industry. This shop is located in a newly built residential community with hundreds of new younger tenants. The area is also adjacent to the New York Train line which attracts a huge number of residents. This ultra-modern and successful retail facility consist of approximately 4,772 square feet with an attractive appearance. The liquor wine company is in a mid-size commercial & residential mall with various other active and successful businesses.

Market Competition and Expansion:

To the best of our knowledge, due to limited liquor licenses, 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. The business opportunity can be further expanded by the new operator by improving the existing marketing plan and the required local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.

Reason for Selling:

Sale is due to partnership separation.

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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