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#Business ID: 20171

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Very Profitable Neighborhood Liquor Store

Business Location: Essex, New Jersey, United States

Asking Price: $ 325,000 Revenue: $ 411,000 Cash Flow: $ 80,760

Business Summary

Highly profitable, well established/ impeccable, attractive neighborhood liquor store located adjacent to the desirable and highly frequented Newark Ironbound Restaurant Area with regular/ repeat customers from this pleasant neighborhood. This store enjoys a high level of constant repeat business from neighborhood buyers. Store layout contributes to easy in store security. Sales accounting completely computerized/ integrated including additional lottery and other services. Furniture, Fixtures & Equipment $20,000. Payroll represents owner's drawings. All numbers are readily verifiable via system kept records. Managed by a professional accountant. Owner will assist a buyer in learning/ familiarizing with this operation. Owner is selling in order to dedicate time to another business.

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 leased.
Guidance, support as needed.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1974

Property Type:

Lease

FF&E:

$ 20,000

Other Business Details

Premise Details:

444 square feet store & 444 square feet storage, furnishing modern, new tile floor, presentation impeccable and attractive. 4 years on lease with 5 year option. Pleasant neighborhood adjacent to popular Newark Ironbound restaurant area. Store layout contributes o easy in store security. Sales accounting completely computerized and integrates, lottery, money gram, ipp pay services, etc. Owner is professional accountant.

Competition:

Impeccable, attractive neighborhood liquor store. Store enjoys a high level of constant repeat customers from neighborhood buyers. Presently opens at 11:00 a.m. New owner could open earlier.

Business Operation Details

Support & Training:

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

Miscellaneous Details

Reason For Selling:

Guidance, support as needed. Owner an excellent m

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