NOT DISCLOSED, New Jersey
| Asking Price |
$475,000 |
Year Established |
2012 |
|
| Annual Revenue |
$576,228 |
Reason for Selling |
The owner has relocated outside the immediate area. |
|
| Annual P/L |
$0 |
Attention |
Eric Sharret |
|
| Annual Cash Flow |
$90,660 |
Listing Number |
1015486 |
|
| # of Employees |
2 |
Business Category |
Food & Beverage: Liquor Stores |
|
Business Overview:
This well-established liquor store is located in an in demand section of Hudson County. The business serves a loyal local customer base located within one block of a popular park.
The sale includes $50K in inventory, estimated $150K in furniture and MOST importantly a Type 44 Liquor License. These licenses trade in the secondary market for between $300-500K.
This profitable business is priced below the cost of the assets!
Property Features and Assets:
<p>The business operates from a leased retail location consisting of ~1,000 sq ft showroom and ~600 sq ft storage.<br></p><p>Assets = $575,000</p>
Market Competition and Expansion:
<p>The area contains other liquor stores; however, this business benefits from its convenient location near the park and established customer base.<br></p><p>The business would benefit from a website and social media presence to increase brand awareness. The liquor license is transferable within the same ZIP code, allowing the business to relocate to a larger space if needed to accommodate growth and expansion.<br></p>
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