Quaint Wine and Liquor Business for Sale in NJ - 37877 Business Type: beer distributor,gift and specialty retail,misc. retail/non-classifiable,other business services,other personal services,liquor store/ wine
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $440,000 | Down Payment | $440,000 |
| Gross Revenues | $456,714 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $100,000 | Number of FT Employees | Register Free to View |
Financing
$440,000 Down and
Business Description
A very quaint wine and spirits shop located in Bergen County, New Jersey is available. The shop sits in the midst of an upper middle-class community that caters to wine enthusiasts; in fact, wine and cordials account for 90% of the store’s Revenues. The
wines sold are not your typical wines carried by the large outlets although some of that exists, but far more likely specialty wines are the order of the day.
The owner, a Sommelier, advertises wine tasting events on social media and publishes a weekly newsletter to a subscriber base of 571 enthusiasts. No other advertising is done.
Seller’s Discretionary Earnings have increased every year for the past four years as have the Gross Profit Margins of this unique boutique shop.
New residential construction underway in the immediate area will undoubtedly ensure the continuance of this trend.
For more information, contact Gerald Nimberg, Senior Business Brokers, Vested Business Brokers at 646-269-4616 or by email to gnimberg@vestedbb.com
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.
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.
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