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Posted: Thursday, June 8, 2017 11:09 AM

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Established Liquor Store

Business Description: A liquor store located in Hudson County, New Jersey has just come on the market.
It is a busy, very well stocked wine and liquor store, offering lottery, snacks, ATM services and cigarettes in addition to its liquor sales.
The owner consolidated two liquor stores into the current one store three years ago and he wants to sell it now that it has developed.
The store is being managed by the owners 80 year old uncle who wants to retire.
Sales which finished 2016 at $443,000 have increased year to year since inception and were 23.5% higher in 2016 than in 2015.
Profits have grown proportionately and now exceed 30% of sales.
Continued and substantial growth is possible by virtue of the stores highway access to New York City's bridges and tunnels inviting those who come and go to New York to take advantage of Jersey's far lower cigarette and liquor prices.
Also, the store has room to accommodate a thriving bulk sale, discounted price business for those willing and able to purchase liquor or cigarettes by the case.
Please contact the broker for further information at 1-877-735-5224.

Asking Price: $450,000.00

Gross Revenue: $500,000.00

Owner's Cash Flow: $180,000.00

Down Payment: $450,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Hudson County, North Jersey

• Post ID: 37232013 northjersey

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