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Business for Sale Summary

Large Fine Wines & Liquor Store for sale in NJ - 34687

Business Type: gift and specialty retail,misc. retail/non-classifiable,liquor store/ wine
Owner Financing
Large Fine Wines & Liquor Store for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $750,000 Down Payment $750,000
Gross Revenues $1,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $275,000 Number of FT Employees Register Free to View

Financing

$750,000 Down and

Business Description

25-Year-old neighborhood liquor store in extremely affluent section of Bergen County is available. The store is well appointed with custom-made interior lighted displays and expensive white pine shelving throughout. The store occupies 4,000 sq. feet plus full basement and it enjoys a 35% overall profit margin. Does some delivery and catering for special events (full time bar). Buyer should highly be liquid as the inventory value exceeds $225,000; be experienced in the industry and have full knowledge of the product line particularly the wines.Of most importance to the Seller, buyer should be comfortable dealing with a high-net-worth clientele. Owner seeking to retire. Proof of Funds Required. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers, at 646-269-4616.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.