Established Wine, Liquor, and Beer Store in Newark, NJ
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Financial Details
- Asking Price:
- $350,000
- Annual Revenue:
- $345,000
- Cash Flow / SDE:
- $365,000
- Valuation Multiple:
- 1.0x
- Location:
- Newark, NJ, US
- Sources:
- Date:
- May 28, 2025
Key Highlights
- Established liquor store in a high-traffic Newark location.
- Includes valuable Type 44 NJ Liquor License, Tobacco license, and lottery equipment.
- Opportunity to expand with an adjacent unit and grow through delivery and marketing.
Description
Established wine, liquor, and beer store for sale in Newark, NJ. Located in a busy strip mall near McCarter Highway and the Prudential Center. The 1,000 SF store has a modern design with new fixtures, LED lighting, and security features. Opportunity to expand into an adjacent 1,000 SF unit. Includes a Type 44 NJ Liquor License, Tobacco license, and NJ lottery equipment. Favorable lease terms are in place with 10 years remaining. Growth potential through delivery, shipping, and marketing.
Industry Information
- Industry Description:
- Liquor Stores
- Classification:
- Retail
Listing Details
- Listing ID:
- 726aaa78-79e5-498e-b12f-d8065721f93e
- Deal Status:
- For Sale
- Date Posted:
- May 28, 2025
- Last Updated:
- May 28, 2025
- Currency:
- USD
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