Retail - Liquor Stores | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$525,000	Inventory	$125,000**
Gross Income	$1,150,000	Real Estate
Cash Flow	$170,000	Year Established	1969
FF&E	$295,000*	Employees	3

* included in the asking price

** not included in the asking price

A wonderful 40 year old retail Liquor Store business with Lotto located in a commercial shopping center and upscale area of Bergen County, New Jersey. The facility is conveniently located in the center of town and the next to 2 major retailers and national chains. The business facility is modern, well organized and has a wide variety of products; with various types of Liquor and Wine displays. The business produces annual sales of 1.1 Million with a substantial net income for the owner. The business offering includes a long term lease. This is an excellent opportunity to own a long established retail business!

Facilities: The facility is located in a major high traffic mall with a large volume of daily shoppers. The facility consists of 1,550 square feet with no basement and a private office. A new long term lease with additional options for continuation is available for the new owner. A valuable liquor license is included in the sale. Ample mall parking is available and part of the lease agreement. Total annual rent is approximately $103,700.

Competition: No other liquor stores are in this area.

Growth/Expansion: With continued good service and improved product offering this business can be further developed. About the Sale

Seller Financing Available: Yes

Financing: Financing is available with $425k down.

Support/Training: Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license.

Reason Selling: Retirement after many years.