$$$ Highly Profitable Liquor Store For Sale In Prime Location

United States

$$$ Highly Profitable Liquor Store For Sale In Prime Location
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Asking Price: $1,150,000

Cash Flow: $375,000

Gross Revenue: $1,850,000

EBITDA: N/A

FF&E: N/A

Inventory: $700,000*

Rent: $11,500 /Month

Established: 2016

*not included in asking price.

$$$ Highly Profitable Liquor Store For Sale In Prime Location

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Business Description

$$$ Highly Profitable Liquor Store For Sale In Prime Location

HIGHLY PROFITABLE WINE AND LIQUOR STORE FOR SALE IN PRIME LOCATION OF ESSEX COUNTY. This 6000 sq.ft liquor store business is located in an extremely busy road on Essex County,NJ. Liquor store gross sale is $1.85 million a year( $160,000 a month), lotto commission is $52,000 a year, ATM commission $ 20,000 a year and RIPS are tentatively $50,000 a year. Located on a very busy road with plenty of loyal customers and traffic. Very profitable and well-run, with excellent reputation. Adjacent to fairly new, large supermarket.This is fast growing and doubling their revenues as people pass by and -make this their new go-to liquor and wine store. Business sells 40% liquor; 30% beer; 30% wine. Seller's net cash flow, after paying all the expenses, is around $375,000 a year. Total price, with business license which is worth $300,000, is $1,150,000.
Potential buyers will be provided with an NDA before disclosing any further information .
Please Call: TeddMin at 732-896-1037 for more information
No Co Brokering.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
12/31/2039
Employees:
6
Facilities:
Large 6000 sq ft Liquor Store locatedon an extremely busy road in ESSEX COUNTY with plenty of loyal customers and traffic.( walk-ins)
Competition:
No major competition in the area.
Growth & Expansion:
Tramendous growth opoortunity by advertisement.
Support & Training:
3 Months or as needed
Reason for Selling:
Moving out of state
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(from currently available funds)
 
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Tedd Min

Business Listed By:
Tedd Min

Tedd Min LLC

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