3245 - Liquor Store Business For Sale in New Jersey

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3245 - Liquor Store

Asking Price:	$1,200,000	Inventory:	$80,000 **
Gross Revenue:	$1,800,000	Real Estate:	n/a
Cash Flow:	$280,000	FF&E:	n/a
++ included in the asking price not** included in the asking price

Monmouth County, N.J. This is a great opportunity for a new owner/operator to own a large Liquor Store in a niche market. This 5,700 square ft. store sits on a busy main thoroughfare. Store is in a free-standing building. Interior was recently renovated, only other business is a check cashing store. Store has two large walk-in boxes, has lottery and ATM, and sells cigarettes. Parking for almost 20 cars, as well as on street parking. Gross sales have increased every year, and are up in 2008 as well. Sales are 40% Liquor, 40% Beer and 20% Wine. Cash flow projected is for one full-time owner/operator.

About the Business

Year Established:1998

Employees:3 full time - 0 part time

About the Sale

Management Training and Support:2 weeks

Reason For Selling:Other business interests

Seller Financing:600K amortized over 10 yrs w/ 5 yr balloon @ 6%

KEYWORDS: liquor store, wine, beer, liquor, lottery

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Seller ID:	3245
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Business Listed By
Tannenbaum & Mehta \| Tannenbaum & Mehta View All of My Listings


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