Liquor StoresNew JerseyPassaic

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3Liquor Store 29 years established and successfulLicense included in price
$350,000Cash Flow: $116,860Seller Financing
Liquor Store 29 years established and successfulLicense included in price

Clifton, NJ

This liquor store in Passaic County, NJ was founded 29 years ago by current owner. He is looking to retire after a successful career. Class C liquor license included in price. Owner owns property as well with a business partner and rents out upstairs and downstairs to long time tenants. Buyer will have option of buying real estate as well, but the real estate cannot be sold without the business. It is owner operated with one part time employee. The store is also in a heavily populated Jewish area and while it is not kosher right now, it has great opportunity to become a kosher wine and liquor store to cater to the Jewish community. Although the business has been extremely successful as it is. Has lottery has well which brings in 27,000 annually. It also has an ATM machine, which along with the sale of cigarettes and the store's retail incentive program brings in another 16,000 annually.

Retail Liquor Business
$199,000Cash Flow: $47,451Seller Financing
Retail Liquor Business

Passaic County, NJ

This long-standing retail liquor business has been active for the past fifty years, serving its North Jersey, Passaic County customers with quality product and service. The company has a gross income of $292,668 plus lotto and Rips. They are a family owned retail liquor business serving their neighborhood and adjoining communities. Whether you're looking for very special bottles, searching for a gift or planning an event or party, they can introduce their selections that offer their customers diversity and quality with pricing that allows you to enjoy better more often. This shop will offer choices that combine quality with value at all price points. They are committed to providing their customers with great service and friendly expert advice and they recognize that it's your appreciation and your satisfaction that's important, and that's what will always be most important. This retail liquor business consist of 2 full/part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $800. The business transaction has an assignable commercial lease which expires 2027, plus additional options available, with a monthly rent of $2,600, cost per square foot is estimated at $22.29, and rent security of approximately $5,200. The business fixed assets has an estimated value of approximately $145,000 which is based on the original equipment and licensing, build out & replacement cost in addition to the multiple of the existing net yearly income. This retail liquor business operation is active seven days per week, with hours from 10:00 am to 10:00 pm. The 2017 yearly gross income represented by the seller owner is $292,668 and the business has a yearly net income of approximately $47,451 discretionary cash income, based on an onsite owner operator and prior to any debt service. Also, due to the possibility of non-disclosed income, a formal due diligence is recommended by the purchaser. The business has been valued / priced at $199,900 which is based on a multiple of the net yearly income and the value of the specific business assets. Also, possible seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. The company routinely has approximately $50,000 of marketable inventory and the purchaser will be responsible for that cost at time of closing, based on wholesale value. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

Liquor Store
$350,000Cash Flow: $201,110
Liquor Store

Passaic County, NJ

Well established 32 year old store on a strip mall, same owner, mostly sales consists of spirits beer and a small wine sales. All products are on shelves or in the coolers. OTHER INCOME: Lottery, ATM, telephone cards, money orders, & RIPS.


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