Liquor Wine Business
Asking Price: | $895,000 |
Gross Revenue: | $2,790,000 |
Rent: | $20,000/Month |
Established Year: | 2016 |
Cash Flow: | $200,008 |
Inventory: | $200,000 |
FF&E: | $550,000 |
Stunning modern Liquor store in an affluent community, Northern area of New Jersey, Bergen County with gross yearly sales of $2,900,000. This three thousand square foot facility has a consistent gross income and a substantial net income to the owner operator. The sale includes a valuable distribution liquor license with a $450,000 value. The business has a rather substantial percentage of wine sales with a solid market up to the owner operator. The sale includes a long-term lease at a reasonable monthly rent cost. The business is located on an active commercial avenue with numerous businesses that attract a large volume of consistent shoppers. The sale is due to the owner partnership separation. This Wine Liquor Shop is a full-service wine shop featuring a broad but eclectic selection of wines, beers, and liquors. It has a tasteful atmosphere with a marble counter, gleaming hardwood floors, classical music, and ceiling fans. Based on the asking price, required down payment and net income this business will supply a consistent return to the owner operator prior to debt service.