Listing Number: 60372-809924
Description
Prestigious, turnkey wine and spirits shop in a flourishing Northern New Jersey market. Situated in a prime location in a vibrant, rapidly developing urban area, this well-placed business benefits from substantial new residential growth, high foot traffic, and proximity to a bustling transit center, sports arena, and leading performing arts center, creating excellent upside potential.
The shop offers a curated selection of exceptional wines, premium spirits, and craft beers from around the globe. It also features exclusive mixology ingredients and sophisticated barware. Prior wine and spirits experience is a plus but is not required.
With affordable rent, significant growth potential, and a strong foundation, this business is well-positioned for expansion under new ownership. Securing the necessary capital to enhance the store's inventory with greater variety and depth will be crucial to elevating the business to the next level. A liquor license is included with the sale. Seller financing may be available for qualified buyers.
Listing Details
- Price: $ 875,000
- Down Payment: $875,000
- Sellers Discretionary Earnings: $ 15,697
- Total Sales: $ 915,158
- Location: Hudson County, New Jersey
- Inventory: $ 80,000
- FF&E: $ 100,000
- Employees: 4
- Year Established: 2015
- Reason for Selling: New Business Direction
- Category: Retail Miscellaneous