Big Newark Beer/Liquor Store


Seller Financing Available
Big Newark Beer/Liquor Store

Asking Price:$160,000

Cash Flow:$115,612

Gross Revenue:$440,000





Big Newark Beer/Liquor Store

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Business Description

Sales still going up after 18 years- Beer sales make this place. Beer as long as is kept very cold for the increased business this place does over its competitor. Situated in very busy street where there is always ample parking. Beer flows out of here, sometimes faster than it comes in. Very little overhead rent is low & only 1 employee except for owner. Other products wine/liquors as well as beer are sold above normal mark ups. Fantastic opportunity to make good profit- other income: Lottery- $20,000, ATM- $4,000. D Liquor License worth $125,000.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Older store loaded with refrigerator doors to refrigerate constantly open- door opened beer temperature as boxes are set extra cold- good lease; parking always seems to be available on outside Main Street
There are several stores in area; this one seem to be the beer capital of area- everyone walks out with same form of beer package.
Growth & Expansion:
This place will grow as area is being redeveloped with many better homes going up north and south of Main Avenue where store is located.
Owner would accept financing of $85,000 time and interest negotiable especially for s
Support & Training:
2 weeks
Reason for Selling:
Tired; wants to retire

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Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

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Larry Bodner

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