Business Summary:
Successful Liquor store with a valuable D Class liquor license and Lotto in an urban city of Passaic County, New Jersey. The owner is retiring after many successful years in this industry and at this location. The seller will supply a full transitional period and supply owner financing to a qualified buyer. The facility is 1,350 square feet, clean and modern with a large storage area and full basement. The sale includes various refrigeration units, numerous displays, counters, computer POS system, phone system, and various equipment required for this industry. The building has a legal capacity for 45 customers with a full basement for storage. Adequate private parking is at this location and part of the lease agreement. The business is operational seven days per week
with hours from 9:30 am to 9:00 pm. The sale includes a New Jersey State Distribution liquor license; state approved for Lotto and has a municipal license to sell cigarettes. The sale includes a long term commercial lease agreement at modest rent which also includes private customer parking. This business is located in a safe urban area of Passaic County and Northern New Jersey. This is an excellent opportunity to own a successful liquor store in a great area of Passaic County, NJ with growth potential.
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| Year
Business was Established: 1960 |
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
The facility consists of 1,350 square feet with a clean attractive image, a large storage area and a full basement for storage. The business has been upgraded over the past few years with newer shelving and modern equipment. The business is located in Passaic County, Clifton, New Jersey which represents a highly populated urban city with a large volume of businesses and residents. The location consists of a highly active commercial avenue with numerous other businesses that also attract a high degree of daily shoppers. |
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| Potential
Growth/Expansion:
By improving the variety of wines and upgrading the product menu, this business can be further improve the business markup and the gross yearly sales. |
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| Competition:
No other competitor liquor store businesses are in this particular area and seller will supply a non compete agreement to the purchaser. |
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| Owner
willing to finance:
Some owner financing is available to qualified buyers. |
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| Owner
willing to train:
Seller will supply a full transitional period to the new operator and will remain post closing for sixty days to assist the new operator. |
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| Reason for selling:
Retiring after many successful years in this particular industry. |
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Seller Reference Number: LQST168
BusinessMart.com Listing Number: 113836 |
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