This is well establish and well known liquor store at this location for more then 20 years. It is an approximately 5000 Sq Ft Liquor Store with property in Burlington County. The seller renovated the store and the apartment when he purchased it three years ago. Three apartments on top of the building accumulate $31,500 in rent. The location is nice and convenient as it is located in the middle of town and generates significant foot traffic. Located across from a police station and in close proximity to a railway station. This is a great business with great potential for an experienced owner/operator. The cash flow noted is for an owner/operator working 50 hrs/wk taking NO salary and before debt service.
Asking Price: $1,300,000 Gross Revenue: $800,000Cash Flow: $155,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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