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Financing: $450,000.00 Down and tbd Reason for Selling:Other A 27-Year-old neighborhood liquor store in an extremely affluent section of Bergen County is available. This store is well appointed with custom-made interior lighted displays and expensive white pine shelving through-out. The store occupies 4,000 sq. feet plus full basement and it enjoys a 20% overall profit margin. The Sellers are highly motivated to sell as each of them is involved in varying outside interests and no one is dedicated to the liquor business. The business is being offered at less than 2X. The inventory level exceeds $600,000 and is excessive; thus, a buyer should have a minimum of $700,000 and be prepared to make the Seller a package offer for the business and inventory. The Buyer should be experienced in the industry and have full knowledge of the product line particularly the wines and also be comfortable dealing with a high-net-worth clientele. Store Hours are 11 to 8:30pm Monday to Saturday and 12 to 5pm Sundays Proof of Funds Required. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers, at 646-269-4616. In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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