1020 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$475,000
Revenue$2,000,000 Established2016
Cash FlowUndisclosed EmployeesUndisclosed
FF&E$495,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent business opportunity for this new retail Liquor Store available in Northern New Jersey and in the city of Morristown, to be built. The sale includes a very valuable Distribution liquor license which will be supplied, clear and debt free. This new facility which requires remolding consists of 7,500 square feet and is located on a highly active commercial avenue with many successful businesses that attract a substantial number of daily shoppers and workers. In addition to this location, there are other retail rentals available to place this liquor license. The sale transaction includes a valuable distribution liquor license. The building has a size capacity for approximately 88 customers, 7,500 sq. ft., on one main floor with a full basement for storage. The business is presently not developed, however this retail business usually requires two employees, with the owner to maintain the operation. This business location has substantial private parking at the business facility which is part of the commercial lease. The business can be active seven days per week, from 10:00 am to 10:00 pm. The business operation will include a New Jersey State distribution liquor license and a certificate of occupancy from the municipality. The sale includes a new 15-year commercial lease with a monthly rent of $22. per square foot, rent security of two months and an option for lease extension. The business gross yearly income is projected at $2,000,000. This business opportunity has been valued at $475,000 which represents the value of the particular liquor license and seller financing may be available to a qualified buyer subject to down payment and collateral. Please call for additional information.
Facilities:This free standing retail facility consists of 7,500 square feet with two private front and rear entrances and conveniently located near various county roads. The facility has a full basement, private offices and appropriate toilet facilities. This to be built liquor wine shop is located in Northern New Jersey, Morris County in an affluent community with various other commercial businesses. Due to the limited number of liquor license, the city has a limited number of liquor shops. This business is close to various highways and is expected to services various communities with a continued need for this particular food product.
Competition:Due to the unavailability of any other liquor license, limited competitors is expected.
Growth Potential:Based on the size and location of this facility, it is estimated that this new liquor store operation can develop gross sales of one to two million dollars yearly.
Seller Financing:Some seller financing is available to qualified buyers.
Sale Reason:The owner of the license is a medical doctor and decided not to develop.
Ad #86435
Seller Reference #LQST308
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Ron Cervelli
Regal Consulting Corp.
Email Address