Liquor and Food Shop-Real Estate Included

Bergen County, NJ

College Town Liquor/Grocery Shop
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Asking Price: $2,200,000

Cash Flow: $450,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Real Estate: $675,000

Established: 1999

*not included in asking price.

Liquor and Food Shop-Real Estate Included

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Business Description

Location! Location! Location! Upscale College Town Liquor Grocery Shop.This store will sell fast so don't miss out on a great opportunity. The store is located in the heart of a college town in Bergen County. It boasts 2000 square feet and the owner wants to sell the building as well. If you are interested in going to see the store go to: http://www.njbizbuysell.com/nda-link/
Hit send and I will contact you.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,000
Facilities:
This business is located in the heart of a small college town, with lots of parking and activity. It is a stand alone building. It is on a very busy intersection with lots of traffic.Close to a main highway on a major street. Owners built the building to be a convenience/liquor store.
Competition:
Location is everything and this is an ideal spot with great college traffic. Add a grill and a delivery service and you will become the "best" Game In Town. Nice upscale Bergen County location. The owners can't work together anymore and they want out. This business is priced to sell quickly. The business generates $1,5 million in sales and does not market to the college at all. It is located close to a big box liquor store but it has maintained it’s liquor sales for the past 10 years.
Growth & Expansion:
On 1.5 million in sales, 46% is liquor and 25% is cigarettes, the rest is soft drinks and snack food. Add take-out and delivery and make this a college hot spot and you will have a gold mind. Add smoothies, shakes, sandwiches, and healthy snacks and you will stand out. Currently there is no marketing in place to capitalize on the college traffic. We will help you grow this business.
Support & Training:
Owners will stay on to train.
Reason for Selling:
Partners are not getting along.
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(from currently available funds)
 
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Harriet Karlin

Business Listed By:
Harriet Karlin

Harriet Karlin

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