SG 4862 New Jersey Newark Downtown Liquor Store E2 Qualified

New Jersey Newark Downtown Liquor Store

Business and Property for Sale

E2 Visa Qualified

$750,000 Plus Inventory for New Jersey Newark Downtown Liquor Store Business Only.   Property can be purchased for additional $1,400,000.  $90,000 – $95,000  average merchandise sales per month at higher margins of profit. Opportunity to own a Well-Established Liquor Store in Newark.  In operation for over 40 Years. Located on Prime Location.  Over 2,500 SQ feet of Retail and additional 1,700 SQ feet of storage.  Full service Liquor Store serving local and Corporate accounts.  Excellent retail mix of 60% Wines and 40% Hard liquor and Beer.  Additional $35K from Lottery, ATM and other rebates and commission. Beautiful store.  Great location.  Property includes two-two bedroom apartments on second floor of the business rented for $1600.00 per month.  Valuable Property Value.  New owner can increase profits with the addition of other profit centers.  Lot’s of opportunity for increased revenue with right owner operator or a family.  Motivated seller downsizing in order to take care of other businesses.  Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us at www.SalehGroup.com

  • SG Number:  SG 4862
  • Business Type:  Liquor Store
  • Business Name: SG 4862 New Jersey Newark Downtown Liquor Store
  • Listing Price: $750,000 Plus Inventory for Business.  Property for additional $1,400,000
  • Down Payment: Negotiable
  • Proposed Seller Financing Availability: Seller to Assist with Financing
  • Inventory Value: $150,000 +/-
  • Annual Gross Sales: Over $1,150,000
  • Annual Owner Profits: Over $245,000
  • Monthly Rent/Mortgage Payment: $8000
  • Seller Competition: Seller to Sign a Non-compete Agreement
  • Years Seller has Owned/Operated Business: 1950 by Seller, Established 1950
  • Owner Qualifications: Experience Needed but Not Required
  • Reason for Selling: Downsizing
  • # of Employees/Management: 1 FT 2 PT 1 M
  • 9:00 am – 10:00 pm
  • Building Size/Type: 2,500 sq. ft. Plus 1,700 sq. ft. Storage.  Street Line Store front and two Apat on top
  • Training Provided: 2 weeks training at no cost to buyer
  • State: New Jersey
  • Country: U.S.A.
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