Business Summary:
Liquor store/license 275k cash flow $125,000 license valued at 140k (option to buy building 4 apt plus store for $350,000 rental income monthly $4,000 not part of purchase price) figures easy to prove. Break down of sales: Beer 45%. Wine 15%, liquor 40%, All sell at high markups. Cash sales 75% all documented by owner. No cigarettes in sales figure international mixed cliental. All fixed cost are extremely low. Over pays on insurance, payroll tax and accounting. Street parking with use of small parking lot across road. C liquor license valued at 140k. Return on investment for store phenomenal. Other net income annually ATM $840, cigarettes $1,500, RIP $1,200, Lottery $3,000. Option to buy building for $350,000 with store and 4 rental apartments- rental rolls $4,000 monthly. Owner on books for a salary of $39,000. Bringing total cash flow to new owner of $125,000 just from store. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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