Liquor store

Somerset County, NJ
listing image
Asking Price:$2,700,000
Gross Revenue:$3,060,000
Cash Flow:$678,959
BUSINESS DESCRIPTION

This well-established liquor store has been successfully owned and operated for 20 years, with the current owner retiring after two decades of business. Located in a busy strip mall on a major county road, the store benefits from its proximity to Rutgers University and its long-standing presence in the area for over 30 years. With significant potential for growth, the business currently does not offer lottery sales or online delivery—both of which present lucrative opportunities for expansion. Additionally, there is an option to relocate to a larger 8,000 square-foot space within the same plaza at a more affordable rent, providing the chance to create a modern, upgraded store. License cost is $700,000 which is included in the asking price.


DETAILED INFORMATION
Location
Somerset County, NJ
Inventory
Not Included in asking price
Employees
4
Financing
SBA is available
Report an Issue with this listing
Abhimanyu Bhalla
logo-img
Abhimanyu Bhalla