Retail - Liquor Stores

Asking Price	$79,900	Inventory	$45,000**
Gross Income	$450,000	Real Estate
Cash Flow	$33,540	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Active shopping center, large department store is the major tenant, with the liquor store located right next to a supermarket. Expansion possibilities which would result in a superstore operations. Currently the store is 2,400 sq. ft; future options to expand into adjoining space of 4,380 sq. ft., or combine the adjoining space, resulting in 6,780 sq. ft. The landlord is willing to explore these possibilities. Very high traffic area, near the towns of Orange, and Milford. Area to become even more active with the planned construction of a Lowe s Home Improvement Center a short distance from the package store. Affluent surrounding areas should support increased wine sales, with tastings and other promotions. Inventory 45,000(E). Cash: all. Lottery $10,000(E). Financial values (gross sales, cash flow etc.) are estimated.

Facilities: Square footage: 2,400 (+/_). Recent change in lease proposal: 2 years remain on current lease @ $15.30 sq. ft. plus CAM, which is $4.76 sq. ft.; for a total of $20.06 sq. ft. Landlord willing to enter into negotiations regarding extension of lease, expansion of space, and to discuss lease rates.

Support/Training: Owner will advise. Owner will advise.