Excellent business opportunity for this new retail Liquor Store available in Northern New Jersey and in the city of Morristown, to be built. The sale includes a very valuable Distribution liquor license which will be supplied, clear and debt free. This new facility which requires remolding consists of 7,500 square feet and is located on a highly active commercial avenue with many successful businesses that attract a substantial number of daily shoppers and workers. In addition to this location, there are other retail rentals available to place this liquor license. The sale transaction includes a valuable distribution liquor license. The building has a size capacity for approximately 88 customers, 7,500 sq. ft., on one main floor with a full basement for storage. The business is presently not developed, however this retail business usually requires two employees, with the owner to maintain the operation. This business location has substantial private parking at the business facility which is part of the commercial lease. The business can be active seven days per week, from 10:00 am to 10:00 pm. The business operation will include a New Jersey State distribution liquor license and a certificate of occupancy from the municipality. The sale includes a new 15-year commercial lease with a monthly rent of $22. per square foot, rent security of two months and an option for lease extension. The business gross yearly income is projected at $2,000,000. This business opportunity has been valued at $475,000 which represents the value of the particular liquor license and seller financing may be available to a qualified buyer subject to down payment and collateral. Please call for additional information.

Posted Jun 30, 2016

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