LISTING ID # 37063

This is a decades old, well regarded, family-owned neighborhood liquor store in an affluent section of Bergen County. The store, which occupies 3,000 sq. ft., plus basement and attic for storage, enjoys an expansive storefront situated on a main street in its town. The interior is uniquely designed to draw attention to its abundant selection of wines which accounts for more than 50% of revenues. Unlike the bigger chain stores where the staff is impersonal and its focus is on the checkout counter or in stocking shelves, walk into this store and be greeted by a friendly and knowledgeable attendant so often helpful particularly in wine selection. The store enjoys a 32% gross profit margin, and its net cash flow is roughly 10% of sales. It has weekly wine tasting events and offers snack items, cigarettes and provides a delivery service as well. The inventory is valued at roughly $300,000 and the property valued at $1 million can be purchased separately from the owner. The buyer should be customer friendly and have a full knowledge of the product line, particularly the wines. The owner is seeking to retire. Proof of Funds Required.