Business Summary:
A wonderful 40 year old retail Liquor Store business with Lotto located in a commercial shopping center and upscale area of Bergen County, New Jersey. The facility is conveniently located in the center of town and the next to 2 major retailers and national chains. The business facility is modern, well organized and has a wide variety of products; with various types of Liquor and Wine displays. The business produces annual sales of 1.1 Million with a substantial net income for the owner. The business offering includes a long term lease. This is an excellent opportunity to own a long established retail business!
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| Year
Business was Established: 1969 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
The facility is located in a major high traffic mall with a large volume of daily shoppers. The facility consists of 1,550 square feet with no basement and a private office. A new long term lease with additional options for continuation is available for the new owner. A valuable liquor license is included in the sale. Ample mall parking is available and part of the lease agreement. Total annual rent is approximately $103,700. |
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| Potential
Growth/Expansion:
With continued good service and improved product offering this business can be further develope About the Sale. |
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| Competition:
No other liquor stores are in this area. |
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| Owner
willing to finance:
Financing is available with $425k down. |
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| Owner
willing to train:
Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license. |
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| Reason for selling:
Retirement after many years. |
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Seller Reference Number: LQST109
BusinessMart.com Listing Number: 70345 |
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on this business
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