Business For Sale & Franchise Search Engine  
   
My Account

Businesses For Sale > Business For Sale in Union County, New Jersey (NJ)

Retail Liquor Store & Property for sale in Union County, NJ

Union County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 495,000 $ 473,000 $ 82,000

Furniture and Fixtures Value:
$ 215,000 (included in the asking price)

Inventory Value:
$ 45,000 (not included in the asking price)

Business Summary:
Excellent business opportunity for this retail liquor business which includes the property, liquor license and all assets. The business has a 2016 gross yearly income of $473,000 and a net yearly income of $82,000. This forty year old business has a consistent yearly income which can be further developed with an onsite owner operator. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 34% investment return to the owner operator prior to debt service. Based on a 25-year payout at 5% interest, 20% down payment purchaser would obtain a consistent net yearly income return on investment after debt service. Due to the NJ state issued liquor license this transaction requires government licensing approval to purchase. This retail liquor business in located in active urban city, Northern New Jersey, in the County of Union and the city of Elizabeth. The facility is conveniently located on a county road with plenty of drive by vehicles. The business facility consists of 1,275 square feet, and is designed for customer convenience and quick service. This company has two-part time employees who are unaware of the pending sale and fully expected to remain post-closing, and the monthly payroll is approximately $2,300. This transaction includes the real estate and is priced at fair market value. The business is in a free stranding commercial facility, on an active county road, with an estimated capacity for fifteen customers. The business fixed assets has an estimated value of approximately $215,000 which is based on equipment and licensing replacement cost. The sale consists of a fully equipped commercial retail liquor business, which includes a distribution liquor license, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate municipal parking nearby to the business. This successful retail liquor business operation is active seven days per week, with hours from 11:00 am to 9:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. The seller / owner will remain post-closing to supply an appropriate transitional period to the new owner / operator. The sale is due to the owner is relocating out of the general area. The business presently has a limited marketing plan, no web site and if improved can further develop the business yearly gross sales. Competitors presently exist in the area, however due to limited liquor licenses, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The sale includes the real estate and distribution liquor license, and has been valued at $495,000 based on a multiple of the net yearly income including the value of the specific business assets and seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

 

   
Year Business was Established: 1971
   
Number of Employees: 2  
   
Facilities / Terms of Lease: This retail liquor business in located in active urban city, Northern New Jersey, in the County of Union and the city of Elizabeth. The facility is conveniently located on a county road with lots of drive by vehicles. The business facility which consist of 1,275 square feet has is designed for customer convenience and quick service.  
   
Potential Growth/Expansion: The business presently has a limited marketing plan, no web site and if improved can further develop the business yearly gross sales.  
   
Competition: Competitors presently exist in the area, however due to limited liquor licenses, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.  
   
Owner willing to finance: Seller financing available  
   
Owner willing to train: The seller / owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.  
   
Reason for selling: Relocated out of county  
   
Seller Reference Number: LQST331
BusinessMart.com Listing Number: 209139
 

 

To request more information
on this business
please fill out the form shown right





Businesses For Sale by City & State
Arizona
Chandler
Flagstaff
Phoenix
Scottsdale
Tempe
Tucson
California
Long Beach
Los Angeles
Orange County
Sacramento
San Diego
San Francisco
San Jose
Santa Clarita
Colorado
Aspen
Boulder
Colorado Springs
Denver
Fort Collins
Connecticut
Hartford
    Florida
Boca Raton
Brevard County
Broward County
Fort Lauderdale
Fort Myers
Jacksonville
Miami
Ocala
Orlando
Palm Beach
Sarasota
Tallahassee
Tampa Bay
Georgia
Atlanta
Augusta
Savannah
Idaho
Illinois
Chicago
Massachusetts
Boston
Minnesota
Minneapolis
St. Paul
Missouri
Kansas City
St. Louis
New Jersey
Central Jersey
North Jersey
South Jersey
    New York
Albany
Bronx
Brooklyn
Kings County
Long Island
Nassau County
New York City
Queens
Staten Island
Suffolk County
Westchester County
North Carolina
Charlotte
Greensboro
Outer Banks
Raleigh / Durham
Ohio
Cincinnati
Cleveland
Columbus
Pennsylvania
Philadelphia
Pittsburgh
Texas
Austin
Dallas
Fort Worth
Houston
San Antonio
Wisconsin
Milwaukee

Other
CANADA
UK
More Businesses For Sale
Businesses For Sale in Union County New Jersey
Franchises For Sale in Union County New Jersey
Retail Liquor Store & Property For Sale in Union County New Jersey

Businesses For Sale by Category
Restaurants For Sale in Union County New Jersey
Car Washes For Sale in Union County New Jersey
Union County New Jersey Laundromats For Sale
Liquor Stores For Sale in Union County New Jersey
Union County New Jersey Gas Stations For Sale
Convenience Stores For Sale in Union County New Jersey
Internet Business For Sale in Union County New Jersey
Union County New Jersey Nightclubs & Bars For Sale
Automotive Businesses For Sale in Union County New Jersey
Union County New Jersey Routes For Sale
Union County New Jersey Pet Businesses For Sale
Wholesale & Distribution Businesses For Sale in Union County New Jersey
Manufacturing Businesses For Sale in Union County New Jersey
Marinas For Sale in Union County New Jersey

Buying a Business Resources
Buying a Business in Union County New Jersey
The Advantages of Buying An Existing Business in Union County New Jersey
Forget The Asking Price of A Business For Sale
Getting Into Business: Retail Liquor Store & Property
How To Value A Retail Liquor Store & Property

 

Printer Friendly or E-mail this Listing

For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

CONTACT SELLER

Full name:*

E-Mail:*

Telephone:*

Message Text:*

Disclaimer:

We are committed to your privacy. By clicking the Check Availability button you agree the phone number you provided may be used to contact you (including autodialed or pre-recorded calls), even if you are on the DNC list. Consent is not a condition of purchase.

©2017 BusinessMart.com.
Broker Membership | Terms Of Use | Financial Disclaimer | Privacy Policy | Cookie Policy | Resources | Franchise Opportunities | Website Traffic Ranking | Sitemap | Careers | Contact Us