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Closed Liquor Store For Sale

Bergen County, New Jersey, United States
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Asking Price$175,000
RevenueUndisclosed Established1965
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
New Liquor store business available in an active community of Bergen County, New Jersey. The sale includes the closed rental location with the liquor license based only on the value of the liquor license. The facility requires the necessary upgrades to open for business, consists of two thousand square feet and is on an active county road and near State highway Route 4. The sale consists of a New Jersey Distribution Liquor License and a closed business location. The business consists of a ten year lease term which expires 2025-01-01 plus additional options, with a monthly rent of $19.00 per square foot plus cam and rent security. The facility has appropriate private mall parking on site as part of the commercial lease. The business can be active seven days per week, with hours from 10:00 am to 10:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state licenses to conduct its day to day business. This is a wonderful business opportunity and based on the location and projected income is expected to have a wonderful investment return to the owner operator. The 2015 yearly gross income is projected at $675,000 and the business has a rewarding net income. The Liquor License is valued at $175,000 based on previous sales.
Facilities:This retail facility which consist of 2,000 square feet expects to have an attractive modern appearance. The business is in a free standing commercial building with various other active and successful businesses. This opportunity is located in Northern New Jersey, Bergen County, which consists of various affluent communities with continued demand for this particular industry.
Training/Support:Not applicable.
Sale Reason:Sale of Distribution Liquor license.
Ad #76718
Seller Reference #LQST279
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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