This is an excellent opportunity to purchase an established wine, liquor, and beer store situated in the busy strip mall in very heart of Newark, NJ- near McCarter highway and minutes away from prudential center. The attractively designed storefront is perfect foundation for certain foot traffic and demand for alcoholic beverages.

Luxury Retail Store Design: This 1,000 SF retail space has been designed with a new, modern look and features, including furniture and fixtures, LED lighting, closed off laminated register area, secure gates and new equipment, including high-end refrigeration , security cameras and HVAC systems for efficiency. Opportunity to expand next door to additional 1000 SF rental unit (currently used as a storage)

PRIME LOCATION: Everything is surrounded by affluent communities. This store is in the heart of Newark visible from the busy McCarter highway. Newark is growing rapidly thanks to intensive residential and commercial building, so this demand will only be further increased in the coming years.

Growth Potential: With many growth opportunities, this business is poised to expand through offering:
Delivery Options: Delivery through platforms like DoorDash and UberEats, reaching more customers in the area.
Shipping: Introduce shipping services to cater to a wider customer base beyond the immediate region.
Aggressive Marketing: Leverage targeted marketing campaigns to increase traffic and boost brand recognition. Preset social media marketing and online marketplace website for a national eCommerce platform.
Product Range Diversification: Expand the assortment of very rare, exclusive wines, premium liquors and craft beers.

Turnkey Business Opportunity: The sale will include a Type 44 NJ Liquor License for the retail sale of packaged alcohol products, Tobacco license, new furniture and fixtures, and a fully functional NJ lottery equipment. It is a turnkey operation that will provide the new owner with a seamless transition.

Favorable Lease Terms: The store is being offered with a newly negotiated long term lease of 10 years, with 2 years on current term Rent is $ 4500 per month (for 2 stores 2000 SF) with additional property tax and CAM costs of $1,695 per month, making this a stable and manageable financial commitment for an operation with such substantial growth potential.

The store is situated in a prime location, boasts a modern design, and enjoys access to an affluent customer base. It presents a great opportunity for the right investor or business owner. Whether looking to enter the lucrative wine and liquor industry or to expand an existing portfolio, this business offers substantial upside.