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High margin wine shop in an affluent area
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Join the largest liquor store group in NJ
Please note that the store is being moved over the next 2 months, but we expect the sales to be in the $4.8MM range by the end of the first year. Potential buyers need to show $3MM in net worth before any financials can be disclosed.
About the Business
- Years in Operation
- 16
- Employees
- 10 (6 Full-time, 4 Part-time)
- Facilities & Assets
- The current store is moving over the next 2 months and into a smaller but more practical location. Rent will be cut in half and payroll will also be reduced.
- Market Outlook / Competition
- The new location is near the heart of the shopping district in this town and the shopping center is full.
- Opportunities for Growth
- The store has been run absentee for the last 2 years, so having owner onsite will make a big difference
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,873
- Rent
- $14,788.00 per month
- Lease Expiration
- 10/10/2036
About the Sale
- Seller Motivation
- Owner has found a new store that is closer to home
- Transition Support
- The store comes with a very high quality of staff, but owner is willing to help in an advisory role too
- Financing Options
- Can help the right buyer get financing from a bank
Listing Info
- ID
- 2503503
- Listing Views
- 176
Listing ID: 2503503 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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