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

Liquor Store going up 30% in 2 years for sale in Essex County, NJ

Essex County, New Jersey (NJ)

Asking Price:	Gross:	Cash Flow:
$ 275,000	$ 300,000	$ 158,500

Furniture and Fixtures Value:
$ 125,000 (included in the asking price)

Inventory Value:
$ 75,000 (not included in the asking price)

Business Summary:
30% sales increase each year for last 2 years; upward trend for this new store this year also.NO DISCOUNTING HERE; situated on extremely busy highway. Set in elongated mall, no empty stores, with ample parking, surrounding area is industrial with housing immediately behind. Adjacent store business will be available shortly. Store sells a tremendous amount of whiskey for a store of this size. D Liquor License value- $ 150,000; Other Income: Rips- $20,000, ATM- $3,600, Lottery- $5,000. Extremely well kept & clean store, easy to maintain. Owners take no salary. Store can only be viewed after 6:30pm M-F & after 11am Saturday, 12nn Sunday. Owner does not take any salary and if bought with nearby store a discount may be given. Store is first class, no maintenance problems.

Year Business was Established: 3

Number of Employees: 2

Facilities / Terms of Lease: Brand new store located in elongated mall with parking (no empty stores); very good 14 year lease; all refrigerators in excellent shape and well maintained.

Potential Growth/Expansion: Small store in nearby mall going out of business as this store was to challenging to compete with

Competition: Small store in nearby mall going out of business as this store was to challenging to compete with

Owner willing to finance: Owner would take $25,000 in financing payable in 1 year

Owner willing to train: 2 weeks

Reason for selling: Owner involved in banking; can no longer give store attention

Seller Reference Number: 5692VM
BusinessMart.com Listing Number: 185752

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For more info contact:

Larry Bodner
Executive Business Brokers
908-851-9040

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