Liquor Store "Prime Location" in Newark's Ironbound

Newark, NJ (Essex County)

Seller Financing Available
Counter POS
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Asking Price: $750,000

Cash Flow: $210,000

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: $150,000

Inventory: $150,000*

Real Estate: $1,400,000*

Established: 1973

*not included in asking price.

Liquor Store "Prime Location" in Newark's Ironbound

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Business Description

Time to own a Well-Established Liquor Store in Newark's Ironbound!

Opportunity to own a Well-Established Liquor Store in Newark's Ironbound
In operation for over 40 Years. Located on Prime Location "Ferry St."
Over 2,500 SQ feet of Retail and additional 1,700 SQ feet of storage.
Full service Liquor Store serving local and Corporate accounts.
Excellent retail mix of 60% Wines and 40% Hard liquor and Beer.
Additional $35K in Lottery income.

Detailed Information

Location:
Newark, NJ
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,200
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All business equipment, coolers,POS, Software.
Competition:
Growing Market/Great neighborhood/Minimal Competition
Growth & Expansion:
Yes
Financing:
Financing Available. Owner willing to finance to Qualified Buyer!
Support & Training:
30 Days Support at no additional cost
Reason for Selling:
Another Business Opportunity
Franchise:
This business is an established franchise
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Business Location


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Business Listed By:
Oscar Sanchez

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