Liquor Store In New Jersey With Real Estate For Sale

Business description

Liquor store on large corner lot in highly populated residential area. Works on an extemely high gross profit percentage. Same owners for 25 years. Current owners have approved plans to build 2 residential apartments above liquor store, 7 townshouses and new liquor store and retail on lower level. Rendering in file. Possibility for expansion and development of land. Sales are consistent over last 3 years. Solid location for foot traffic all day long. Has valuable Broad C License. Includes rental unit with new lease that pays $1600 per month.

Property information

Real Estate:

Real Property Included

Location:

Liquor Store with Real Estate is located on a busy corner property.

Premises details:

Liquor store on large corner lot in highly populated residential area. Current owners have approved plans to build 2 residential apartments above liquor store, 7 townshouses and new liquor store and retail on lower level. Rendering in file. Possibility for expansion and development of land. Has valuable Broad C License. Includes rental unit with new lease that pays $1600 per month.

Other information

Expansion potential:

Liquor Store has room for expansion.

Planning consent:

Current owners have approved plans to build 2 residential apartments above liquor store, 7 townshouses and new liquor store and retail on lower level. Rendering in file.

Competition / Market:

Liquor Store is well established and has had same owner for over 25 years

Support & training:

Two Weeks

Reasons for selling:

Partnership Split