Business Summary:
Beautifully–renovated wine and liquor store on the main thoroughfare of a small, affluent town. The nearby town of Tuxedo is presently going through revitalization with much growth ahead. Construction recently began on 1,500 new housing units. The store has a good percentage of customers from that area and other neighboring towns. And that should soon greatly increase its gross sales. Plenty of free strip mall parking. All FURNITURES, FIXTURES, & EQUIPMENT valued at $20,000 are included in the sale. The owner has a great long term lease situation and pays very reasonable rent per month. A new qualified tenant can get a similar & perhaps even better lease deal through the landlord. Contact Seth Kain at 201-317-4710 for additional details and showing.
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| Year
Business was Established: 9 |
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| Number of Employees:
2PT |
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| Facilities / Terms of Lease:
1,124 sq. ft.; Plenty of Strip Mall parking (free). “All” Furniture, Fixtures, & Equipment are in very good condition & are included in the sale. Present owner has a bit over 8 ˝ years left on his (10) year lease. A new tenant should be able to get a similar lease situation & a good chance of a longer lease if they’re credit worthy. |
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| Potential
Growth/Expansion:
Construction has recently begun on 1,500 new housing units in bordering Tuxedo. So there will be area revitalization & much growth ahead in the near future. The stores’ competitive pricing should drive a good percentage of new customers to the store. A new owner should do advertising & promotion to try to attract more customers & boost sales. |
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| Competition:
It’s the only wine & liquor store in the entire town. Due to the limited number of stores in the surrounding towns, even customers from nearby towns frequent the store. |
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| Owner
willing to finance:
There’s no owner financing being offered at this time. |
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| Owner
willing to train:
A minimum of 2 weeks training at no cost to the Buyer. |
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| Reason for selling:
The owner is relocating |
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Seller Reference Number: 5856SK
BusinessMart.com Listing Number: 198359 |
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