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Established Liquor Store
Location: United States -> New Jersey -> Hudson County
Industry: Food and Beverage > Liquor Stores




Business Summary

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.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $443,500
Cash Flow:   $140,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $140,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The seller will train the new owner.

Photos

View Larger Photo(s) Of Business
Established Liquor Store Photo 1 Established Liquor Store Photo 2 Established Liquor Store Photo 3




Print Listing Id: 700272755
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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