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Profitable Liquor Store - Priced Below Assets!

Hudson County, NJ, USA
Listed 65 days ago

This well-established liquor store is located in an in demand section of Hudson County. The business serves a loyal local customer base located within one block of a popular park. The sale includes $50K in inventory, estimated $150K in furniture and MOST importantly a Type 44 Liquor License. These licenses trade in the secondary market for between $300-500K. This profitable business is priced below the cost of the assets!

Employees

1 FT/1 PT

Real Estate

Lease

Trading Hours

Monday-Sunday 11am-10pm

Management Type

This business has absentee ownership.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

The business operates from a leased retail location consisting of ~1,000 sq ft showroom and ~600 sq ft storage.

Years Established

14

Support & Training

Will train for 4 weeks @ $0 cost.

Expansion Potential

The business would benefit from a website and social media presence to increase brand awareness. The liquor license is transferable within the same ZIP code, allowing the business to relocate to a larger space if needed to accommodate growth and expansion.

Competition / Market

The area contains other liquor stores; however, this business benefits from its convenient location near the park and established customer base.

Inventory / Stock Value

$50,000 - included in the asking price

Reason for Selling

The owner has relocated outside the immediate area.

Financials

Asking Price
$475K
RevenueMost Recent Year
$576K
Earnings (SDE)Last Reported
$91K
Assets ValueIncluded in Asking Price
$150K
Seller Financing
Not available

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