Wine, Liquor & Lotto

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$375,000 $790,000

Food & Beverage: Liquor Stores


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RE: Wine, Liquor & Lotto Broker: Ron Cervelli
Owner Financing is Available!
Available with an appropriate down payment.

Quick Facts

Asking Price: $375,000
Annual Revenue: $790,000
Net Profit: Not Disclosed
Cash Flow: $74,992
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 2
BBN Listing #: 69093909
Broker Reference #: LQST408

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Business Overview:

Wonderful business opportunity for this wine, liquor & lotto business priced to sell and located in Northern New Jersey, Bergen County and minutes from the George Washington Bridge. The business produces gross yearly sales of approximately $15,000 weekly and a consistent net yearly income to the owner operator. This profitable two thousand square foot facility is conveniently located on an active county road with appropriate parking. This business has two-part time employee who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $1,950. The business has an assignable commercial lease which expires September 30, 2028 plus additional options, with a monthly rent of $7,000, cost per square foot is $42.00 and rent security $19,500. The business has been valued at $375,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this business.

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Property Features and Assets:

The business is located in a highly populated urban city with a huge volume of businesses that attract daily shoppers and workers. The business is located in Northern New Jersey, Bergen County, near the George Washington Bridge. This retail facility which consist of 1,995 square feet has a clean modern professional appearance. The business is also located on an active commercial avenue with various other successful businesses.

Market Competition and Expansion:

Due to the valuable and unavailable liquor license and to the best of our knowledge, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The business requires on site management, presently has a limited marketing plan, poor web site and if improved can further develop the business bottom line net income.

Reason for Selling:

Owner is semi absentee with alternative business.

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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