Business Summary:
A highly successful Liquor Store & Lounge with Live Entertainment located in a major urban city of Passaic County, New Jersey. This business which has a specific Latin theme is well known for its excellent service, Lotto, live music, sports events and pleasant atmosphere. The business gross income averages approximately $14,000 weekly and 40%
represents liquor retail sales. The business has a consistent gross income and a substantial net income to the owner operator. The sale includes a valuable consumption liquor license, commercial kitchen, refrigeration, POS computer system, numerous displays, etc.The building has a legal capacity for 125 customers consisting of 2,500 square feet. Substantial municipal parking is available and at nearby to this location. The business is active seven days per week, hours 10:00 am to 3:00 am. The business has a New Jersey State issued consumption liquor license. The sale includes a fourteen year lease term and a monthly rent $3,000. This is a wonderful opportunity to own and operate a highly profitable Retail store and Lounge with owner financing. Please contact broker for a recent Profit and loss statement.
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