Hot Listing

Established Liquor Store for Sale in New Jersey

Asking Price$450,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,300,000

Inventory$700,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Established Liquor Store for Sale in New Jersey


Asking Price$450,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,300,000

Inventory$700,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 37546


A 27-Year-old neighborhood liquor store in an extremely affluent section of Bergen County is available. This store is well appointed with custom-made interior lighted displays and expensive white pine shelving through-out. The store occupies 4,000 sq. feet plus full basement and it enjoys a 20% overall profit margin.

The Sellers are highly motivated to sell as each of them is involved in varying outside interests and no one is dedicated to the liquor business. The business is being offered at less than 2X.

The inventory level exceeds $600,000 and is excessive; thus, a buyer should have a minimum of $700,000 and be prepared to make the Seller a package offer for the business and inventory.

The Buyer should be experienced in the industry and have full knowledge of the product line particularly the wines and also be comfortable dealing with a high-net-worth clientele.

Store Hours are 11 to 8:30pm Monday to Saturday and 12 to 5pm Sundays

Proof of Funds Required.
About the Business
Years in Operation
5
Employees
2 Full-time
About the Sale
Seller Motivation
Other
Transition Support
Seller will train
Financing Options
tbd
Listing Info
ID
2504162
Listing Views
1203

Listing ID: 2504162 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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