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#Business ID: 20120

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Great Return with Building Included

Business Location: Mercer, New Jersey, United States

Asking Price: $ 750,000 Revenue: $ 1,267,476 Cash Flow: $ 313,080

Business Summary

Business expenses taking from 2013 tax returns, Sales has gone up last several year 15% Credit Cards 85% Cash/ 35% Beer/ 25% Vodka Whiskey/ 25% Wine 15% other products. Hardly any specials very heavy Polish patronage. Building valued over 200,000 License valued 90,000, 2 story build with 1 apartment at $800 rent, 10 door beer cooler, Main cellar. 4 parking spacing at rear, big volume increases each year. Owner salary 38,500, Lottery 22,450, Apartment rental $9,600 = $70,000. This is a good return where you get the building within selling price. Perfect for polish speaking buyer, Vodka flows here basement for storage. Second floor apartment.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1914

Property Type:

Real

FF&E:

$ 100,000

Real Estate Value:

$ 200,000

Other Business Details

Premise Details:

Converted to liquor store 7 years ago well trafficked store shows annual sales improved. Building also has 4 parking spaces.

Competition:

Converted to liquor store 7 years ago well trafficked store shows annual sales improved. Building also has 4 parking spaces.

Business Operation Details

Employees:

4

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Financing Available:

Yes
Owner knows that since a mortgage can be obtained on value of building and D Liquor License owner would prefer all cash.

Reason For Selling:

Owner selling several listings.

Contact this seller

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