Superb Wine Market - High Income area -large Population

Camden County, NJ

Wine UP
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Asking Price: $1,100,000

Cash Flow: N/A

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: $800,000

Inventory: $200,000*

Rent: $8,625 /Month

Established: N/A

*not included in asking price.

Superb Wine Market - High Income area -large Population

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Business Description

Super Wine Market - High Income area -large Population

Great opportunity to acquire very desirable Valuable Liquor store retail license and business with plenty of upside to grow Wine Business in 73,000 population market with average Household income over 100k
No license or other similar businesses available for many periods of years

Detailed Information

Location:
Camden County, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
N/A
Employees:
8 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Mall Location in superb high volume traffic location with cross access .
Competition:
Plenty of competition with retailers doing 60% wine business vs this store doing 28% wine
Growth & Expansion:
Current operation can grow with a bigger wine inventory and modifying margins to drive volume to full potential , current margins are 26% GP - little high for this market
Support & Training:
Training as needed
Reason for Selling:
Partners
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(from currently available funds)
 
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Thierry Smith

Business Listed By:
Thierry Smith

1st Jersey Commercial

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