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Established Liquor Store For Sale

Hudson County, New Jersey, United States
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Asking Price$450,000
Revenue$500,000 EstablishedUndisclosed
Cash Flow$180,000 Employees1 full, 2 part
FF&E$13,000 FranchiseNo
Inventory$140,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
A liquor store located in Hudson County, New Jersey has just come on the market.It is a busy, very well stocked wine and liquor store, offering lottery, snacks, ATM services and cigarettes in addition to its liquor sales. The owner consolidated two liquor stores into the current one store three years ago and he wants to sell it now that it has developed. The store is being managed by the owners 80 year old uncle who wants to retire.Sales which finished 2016 at $443,000 have increased year to year since inception and were 23.5% higher in 2016 than in 2015. Profits have grown proportionately and now exceed 30% of sales.Continued and substantial growth is possible by virtue of the stores highway access to New York City's bridges and tunnels inviting those who come and go to New York to take advantage of Jersey's far lower cigarette and liquor prices. Also, the store has room to accommodate a thriving bulk sale, discounted price business for those willing and able to purchase liquor or cigarettes by the case. Please contact the broker for further information at 1-877-735-5224. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$450,000.00 Down and All Cash
Ad #98408
Seller Reference #29125
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Contact This Seller
Gerald Nimberg
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