Big Newark Beer/Liquor Store

NJ

Seller Financing Available
Big Newark Beer/Liquor Store

Asking Price:$160,000

Cash Flow:$115,612

Gross Revenue:$440,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Established:18

Big Newark Beer/Liquor Store

Get Financing Save Print Share Valuation Report

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

Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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
Competition:
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.
Financing:
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

Listing Statistics for Premium Members

Ad#:1213690 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

Executive Business Brokers

Show Phone Number

View My Listings


Sponsoring Broker:
Larry Bodner

Find out more...

Get more details about this business.


Similar Listings


Big Whiskey’s American Restaurant & Bar

Franchise Opportunity In NJ
Capital Required: $636,500