Hot Listing
Owner Operator Liquor Store in Hudson County!
Business Description
Background and History: this was established in 1998. The current owner purchased it in 2001 currently operating for 24 years. The store is in a strip mall with designated parking. Parking comes in a premium in this town in Hudson County. This is a great opportunity for an owner operator to come in and take over the store. The store has had a manager for the last 24 years but has recently left for health reasons. This is the primary reason that the owners are open to selling the store.
Sales and Growth Potential: The store has average over the last three years $1.7 million in total revenue annually. This is a great opportunity to add back the manager’s salary of 65K for an owner operator. Also, the store has seven full-time employees, so I believe there’s opportunity to trim the payroll as well to increase the net profit. As an owner operator, you could expand Delivery, increase online and social media presence. The store is in a great location with ample parking, which is a premium in the area.
De class Liquor License valued at $350,000
Inventory dollar for dollar at closing.
Sales and Growth Potential: The store has average over the last three years $1.7 million in total revenue annually. This is a great opportunity to add back the manager’s salary of 65K for an owner operator. Also, the store has seven full-time employees, so I believe there’s opportunity to trim the payroll as well to increase the net profit. As an owner operator, you could expand Delivery, increase online and social media presence. The store is in a great location with ample parking, which is a premium in the area.
De class Liquor License valued at $350,000
Inventory dollar for dollar at closing.
About the Business
- Years in Operation
- 27
- Employees
- 7
- Facilities & Assets
- Very busy strip mall with ample parking in very densely populated Hudson County city.
Real Estate
- Owned or Leased
- Leased
- Rent
- $14,500.00 per month
Listing Info
- ID
- 2356015
- Listing Views
- 1547
Listing ID: 2356015 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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