Attractive Liquor Store In Passaic County For Sale

Business description

Successful Liquor store with a valuable D Class liquor license
and Lotto in an urban city of Passaic County, New Jersey.
The owner is retiring after many successful years in this
industry and at this location. The seller will supply a full
transitional period and supply owner financing to a qualified
buyer. The facility is 1,350 square feet, clean and modern
with a large storage area and full basement. The sale includes
various refrigeration units, numerous displays, counters,
computer POS system, phone system, and various equipment
required for this industry. The building has a legal capacity
for 45 customers with a full basement for storage. Adequate
private parking is at this location and part of the lease
agreement. The business is operational seven days per week
with hours from 9:30 am to 9:00 pm. The sale includes a New
Jersey State Distribution liquor license; state approved for
Lotto and has a municipal license to sell cigarettes. The sale
includes a long term commercial lease agreement at modest
rent which also includes private customer parking. This
business is located in a safe urban area of Passaic County
and Northern New Jersey. This is an excellent opportunity to
own a successful liquor store in a great area of Passaic
County, NJ with growth potential.

Property information

Premises details:

The facility consists of 1,350 square feet with a clean attractive image, a large storage area and a full basement for storage. The business has been upgraded over the past few years with newer shelving and modern equipment. The business is located in Passaic County, Clifton, New Jersey which represents a highly populated urban city with a large volume of businesses and residents. The location consists of a highly active commercial avenue with numerous other businesses that also attract a high degree of daily shoppers.

Other information

Expansion potential:

By improving the variety of wines and upgrading the product menu, this business can be further improve the business markup and the gross yearly sales.

Competition / Market:

No other competitor liquor store businesses are in this particular area and seller will supply a non compete agreement to the purchaser.

Support & training:

Seller will supply a full transitional period to the new operator and will remain post closing for sixty days to assist the new operator.

Reasons for selling:

Retiring after many successful years in this particular industry.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Some owner financing is available to qualified buyers.

Furniture / Fixtures value:

$175,000 (included in the asking price)

Inventory / Stock value:

$55,000

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