Tavern & Retail Liquor
| Asking Price: | $320,000 |
| Gross Revenue: | $487,350 |
| Rent: | $4,200 |
| Established Year: | 1985 |
| Cash Flow: | $80,000 |
| Inventory: | $45,000 |
| FF&E: | $170,000 |
Recently available to purchase due to owners’ retirement for this profitable retail liquor business located in Northern New Jersey in the county of Sussex. This combo business tavern and retail liquor sales has a gross income of $487,350 and a consistent net income the operator. The yearly gross sales consist of 60% retail and 40% consumption, approximately 45% wine, 40% beer and 15 % liquor, no delivery. The business also has a state issued Lottery license which supplies additional cash flow. The facility has approximately twenty-customer capacity. This is a dependable business opportunity. The 2022 yearly gross income represented by the owner is $487,325 and the business has a yearly net income of approximately $80,000 based on an owner operator and prior to debt service. The projected gross income is estimated at $550,000. Inventory is dollar for dollar estimated at $85,000 and based on wholesale value. The business assets have an estimated value of $170,000 which is based on replacement costs and the sale consists of a fully equipped a C type 33 retail liquor business, which includes displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.
