Business Summary:
A modern liquor store located in a major food chain supermarket mall and upscale community of Essex County, New Jersey. The business has a substantial mark up because sixty five (65%) percent of the sales consist of fine wines. The facility is newer and very ample, with POS counters, large displays and a full basement for additional storage. The liquor license has a resale value of $400,000 and all internal equipment is included in the sale. The business can also offer other sale products such as Lotto, Cigarettes, etc in order to increase the volume. The business is actually one year young and the seller cannot maintain the high demand due to an alternative business out of the area. This is a solid opportunity and an excellent purchase!
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| Year
Business was Established: 2008 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
Facility is 2,200 square feet plus an additional basement area. An existing ten year lease plus 2 additional five year options is available for transfer. Ample mall parking is also available and included in the sale. There is a monthly gross rent of $7,659 and 3% annual rent increase. |
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| Potential
Growth/Expansion:
This business is quite new with very limited marketing. With a full and aggressive advertising plan this business can be developed. |
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| Competition:
No other liquor store competitors exist in this commercial mall or area due to the difficulty in obtaining a liquor license. |
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| Owner
willing to finance:
Seller financing is available |
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| Owner
willing to train:
Seller will provide a complete review and training period. Sale is subject to the successful transfer and approval of the liquor license. |
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| Reason for selling:
Alternative Business industry out of the area. |
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Seller Reference Number: LQST110
BusinessMart.com Listing Number: 70890 |
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