Liquor Store / Lounge in an active commercial mall on a highly active state highway in Middlesex County, New Jersey. This retail business has a beautiful image and continues to develop and increases in gross sales. The business also has a lounge which serves liquor daily to 10:00 pm and produces an income of $1,000 daily. The business has a very valuable 32 Broad Class liquor license, which has an actual value of $350,000 and allows the business to sell retail products and serve products for consumption purposes. The additional advantage of this license is to offer wine tasting and to obtain a further income from consumption liquor service. Based on the asking price, required down payment and net income this business should supply an appropriate return to the owner operator prior to debt service. The business has been approved for Lotto representing an additional net income. This newer business has a gross income of $589,000 plus discretionary income and continues to develop its net income. The sale includes walk in refrigeration units, broad C liquor license, numerous displays, counters, shelving, POS computer system, full wet serving bar with all the accessories and equipment required to maintain the business. The building has a legal capacity for 112 customers, 3,000 sq ft, on one main floor. The business has substantial mall parking at the facility and part of the lease agreement. The business is active seven days weekly with hours from 10:00 am to 10:00 pm.
Asking Price $350,000
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