Modern Retail Liquor Business
Business Description
Wonderful area of Hackensack New Jersey. Owner financing for this profitable Bergen County retail liquor business located on an active county road and a highly populated commercial avenue. The business has a excellent gross income and a consistent net yearly income with additional growth and expansion. This is a dependable safe business opportunity and based on the asking price, and continued yearly net income, this business expects to supply a consistent return on investment to the owner operator. The sale includes a valuable NJ state issued distribution cigarette license. Profitable retail liquor business located in Northern New Jersey Bergen. Lease and terms, the business transaction will offer an assignable commercial lease which expires 2033-01-01, plus additional options available, with a monthly rent of $4,000 all in, cost per square foot is estimated at $35.00 and rent security of two months. The yearly gross income represented by the seller owner is $625,000 and the business has a consistent yearly net income of approximately $85,000 plus discretionary income based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The 2025 company’s gross income is projected to be similar to the previous year. The owner offers seller discretionary income, and due diligence is recommended.
About the Business
- Years in Operation
- 15
- Facilities & Assets
- This successful retail facility, which consists of approximately 1,600 square feet, has a clean professional appearance. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Bergen County, which consists of various affluent and highly populated communities with continued demand for this industry.
- Market Outlook / Competition
- Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement with the purchaser.
- Opportunities for Growth
- Regarding growth and expansion, the business opportunity can be further expanded by the new operator by improving the existing marketing plan and local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted with delivery, it can further develop the business yearly gross sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,650
- Rent
- $4,000.00 per month
- Lease Expiration
- 1/1/2033
About the Sale
- Seller Motivation
- The purpose of this business transaction is due to the owner’s retirement after
- Transition Support
- Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.
- Financing Options
- . Also, seller financing is available to a qualified buyer with an appropriate down p
Listing Info
- ID
- 2422055
- Listing Views
Listing ID: 2422055 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.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Food & Beverage Businesses for SaleNew Jersey Liquor Stores Businesses for Sale
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