NOT DISCLOSED, New Jersey
| Asking Price |
$499,000 |
Year Established |
2006 |
|
| Annual Revenue |
$233,980 |
Reason for Selling |
The owner intends to pursue other investment opportunities. |
|
| Annual P/L |
$0 |
Attention |
Kevin Laguardia |
|
| Annual Cash Flow |
$17,565 |
Listing Number |
1012357 |
|
| # of Employees |
2 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This is a unique opportunity to acquire a country store/deli and wine retail business located in an affluent, high-demand community in Morris County, New Jersey. The offering includes a coveted New Jersey Plenary Retail Distribution License (package goods license), allowing for the sale of wine, spirits, and beer for off-premises consumption.
The business currently operates as a hybrid concept, combining a neighborhood country deli, prepared foods/deli operation, and liquor store. The operation benefits from strong local brand recognition, repeat clientele, and consistent foot traffic driven by a loyal, high-income customer base.
The offering is flexible and may be structured as:
- Combined Sale: Liquor license + deli/country store business
- Separate Sale: Liquor license independently or operating a deli business without the liquor
This opportunity is well-suited for:
- Individual owner-operators
- Restaurant or hospitality groups
- Liquor store operators seeking expansion
- Investors targeting scarce NJ license assets
- Specialty food and beverage entrepreneurs
Property Features and Assets:
<p>Prime location within a well-positioned strip center on a high-traffic major roadway in affluent Morris County, offering strong visibility, easy access, and ample parking. Opportunity exists to expand within the center, enhancing footprint and future growth potential.<br></p><p>Assets = $94,500</p>
Market Competition and Expansion:
<p>Morris County is one of New Jersey’s most desirable and affluent regions, characterized by:</p><ul><li>High household incomes and strong purchasing power</li><li>Dense residential population with limited commercial overbuild</li><li>Strong demand for convenience-oriented, high-quality retail concepts</li><li>Restricted availability of liquor licenses due to state quota system</li></ul><p>This combination creates a protected and highly valuable operating environment for licensed retail businesses.</p><p>An investor or operator can unlock additional value through:</p><ul><li>Expansion of wine & spirits selection</li><li>Catering and prepared foods delivery programs</li><li>E-commerce / online ordering integration</li><li>Extended hours or events (wine tastings, curated experiences)</li><li>Enhanced branding and local marketing initiatives</li></ul>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity