Description

Solid business opportunity to own this operating retail wine & liquor business in an affluent area of Bergen County, New Jersey and the price has been based on the value of the liquor license & assets. This was a high end wine shop and requires an influx of improved products which will substantially increase the gross income to the owner operator. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. Due to the state issued liquor license, this industry will require government agency approval to purchase. This opportunity is located in Northern New Jersey, Bergen County, which consists of various affluent communities with continued demand for this particular industry. This retail facility which consist of 1,425 square feet has a clean attractive appearance. The business located on a commercial avenue with various other successful businesses. This particular business has one-part time employee who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll $450. The business has an assignable commercial lease which expires 2021-01-01 plus additional options, with a monthly rent of $1,500 and rent security $3,000. The business facility which consists of 1,425 square feet has a capacity for approximately fifteen customers. The business assets have an estimated value of $150,000 which is based on the liquor license and assets. The sale consists of a fully equipped commercial retail store, which includes displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate municipal parking nearby to the business facility. The company is active seven days per week, with hours from 4:00 pm to 9:00 pm.

Posted Aug 24, 2016

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