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Business for Sale Summary [Non-Confidential]

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Essex County, NJ

Business Type: retailing businesses,convenience store,liquor store/ wine

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $550,000.00

  • Gross Revenues

    $746,382.00

  • Financing

    $ 400,000.00 Down and $150,000 @ 4% over 36 months

  • Owner's Cash Flow

    $131,158.00

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Business Description

Liquor store in a large shopping center anchored by major chains. The shopping center is in a good suburban area of NJ. Currently being run absentee, the business is averaging 65K in revenues per month, well below its potential. Rent includes CAM and insurance. Has lottery and ATM. New hands-on owner can significantly increase revenues. Seller has kept thorough records and can back-up the numbers.

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