Liquor Store

Bergen County, NJ

Liquor Store
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Asking Price: $1,900,000

Cash Flow: N/A

Gross Revenue: $3,047,000

EBITDA: $450,000

FF&E: N/A

Inventory: $600,000*

Rent: $13,000 /Month

Established: 2004

*not included in asking price.

Liquor Store

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Business Description

Nice & Well established Liquor store in Bergen County, NJ. It is on very busy road and surrounding with Residential and Commercial neighborhood. Very nice store setting with big walk-in box and big storage area. Store is doing more than 3 million dollar business per year with great profit margin. It has long time permanent customer records. Sales 30% Beer, 34% Liquor,27% Wine, and 9% miscellaneous items include Cigarettes. Cash flow projected is for one full-time owner/operator working 50 hrs. Per week taking NO salary; before debt service

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
3/1/2024
Employees:
2 F/T 5 P/T
Facilities:
Two Story Single Building, Ground floor 4800 S.F and 3600 S.F on second floor with Owner office and Extra packaging area Landlord willing to renew 2 more 5 Years terms and rental rate to negotiated
Competition:
Very hard to get Location like this
Support & Training:
2 Weeks
Reason for Selling:
Retire
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Nay Patel

Business Listed By:
Nay Patel

Equity Real Estate

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