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Liquor store for sale for the price of a pocket license!!!!!!!

Newark, NJ (Essex County)

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Asking Price: $269,000

Cash Flow: N/A

Gross Revenue: $80,000

EBITDA: N/A

FF&E: $43,000

Inventory: $75,000*

Rent: $3,300 /Month

Established: 2013

*not included in asking price.

Liquor store for sale for the price of a pocket license!!!!!!!

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Business Description

Business is operating and in good standing!

Business is operating and in good standing with a great reputation in the area.
Sale price: $269,000
Make a large return on investment at a low price. Gorgeous, large store in a high traffic area. Lots of loyal customers!!
Trimax liquors
1299 McCarter highway
Newark NJ
Rare opportunity to own an operating liquor store with a class “D 44” distribution liquor license that is clean and can be moved anywhere in the city of Newark. Business is located in a beautiful strip mall, on a major artery, with 65,000 cars daily. Free parking for customers in an huge parking lot. Very close to light rail and prudential center. Strong sales plus lotto, ATM, and money gram provide a great return on investment. Located next to a very busy dry cleaners and cell phone store, with a major hotel chain across the street that maintains 96% occupancy rate. Opportunity to expand business with adjoining unit and add a deli or convenience store to maximize profits. Endless possibilities. Low rent and has a great potential for upside with over 2000+ residential units planned and approved for the immediate area!!! This will not last. Put all your offers in ASAP. Showings by appointments only.

Detailed Information

Location:
Newark, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
13,000
Lease Expiration:
7/1/2019
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1300SQ ft beautiful store in a strip mall with plenty of free parking. Lotto machine alone makes approx. $3000/month in commission Rent is $3300/month!!!!Selling price $269k plus inventory. The store includes a 9 door walk in cooler in great condition with led lights, security camera and alarm system and all fixtures and refrigerators and freezers( $25k value)Security roll down Gates also included, ($18k value) Class D 44 liquor License. Clean no issues ($175k value). Inventory value at estimated $75k.High visibility.65,000 cars daily
Reason for Selling:
Pursuing other Ventures
Business Website:
http://www.trimaxliquors.com/
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Business Listed By:
Jose Francisco Inoa

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