Hot Listing

Owner Operator Liquor Store in Hudson County!

Asking Price$599,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,600,000

Inventory$330,000
Not included in asking price
FF&E$250,000
Included in asking price
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Hot Listing

Owner Operator Liquor Store in Hudson County!


Asking Price$599,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,600,000

Inventory$330,000
Not included in asking price
FF&E$250,000
Included in asking price
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.
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

Contact Seller

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Business Listed by: Frank Mancuso Executive Business Brokers

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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