Business Summary:
Last D liquor store license recently sold for $275,000. This store is run completely absentee. Located on Eastbound Rt 46 (Piaget Ave). Has 20 car parking lot adjacent to store. Store is in a run down condition and with some TLC can easily be a bright store and increase its regular customer base, that it never lost over the years. An active owner, manager has to increase all figures to more than triple its profit picture. Paying less than value of lisence for business (motivated Seller). Owner knows nothing about liquor business.
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| Year
Business was Established: 1987 |
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| Number of Employees:
2 FT |
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| Facilities / Terms of Lease:
1,300 sq ft store with same size basement, shared parking for 20 cars excellent lease – store can use attention |
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| Potential
Growth/Expansion:
General rearrangement of shelving within store – more lighting for outside so passer buys on Rt. 46 can turn right into adjacent lot. Has regular base which would be easy to expand. |
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| Competition:
Located on highway 46 East Brunswick with parking for 20 next to stores. Area has a larger store which is very impersonal nearby – no effect to steady customers of their store. |
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| Owner
willing to finance:
Owner would like to receive 300,000 the value of license is 275,000-19,000 financing |
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| Owner
willing to train:
2 wks |
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| Reason for selling:
Personal reasons |
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Seller Reference Number: 2996VM
BusinessMart.com Listing Number: 14751 |
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