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$ 390,000
Est. payment | /mo
$ 390,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY845961
Originating Board onekey2
Rental Info No
Property Description
Hoboken Liquor Store Business For Sale. Location: Washington Street in Hoboken, New Jersey, in an excellent location on a commercial avenue surrounded by high-density residential areas. Area: The ground floor shop is about 700 square feet and the basement is also 700 square feet, with more usable space. Parking: The owner has a fixed parking space ($300 monthly fee), which is extremely convenient. Shop Features: Decoration: Modern style, high ceiling, glass front, attractive appearance. Complete facilities, ready for business upon purchase. Numbers: Annual turnover: Approximately $650,000. Gross profit margin: Liquor profit is more than 40%. Rent: $5,029 per month (including property taxes), 8.5 years remaining on the lease + 5 years renewal, 3% annual increase. Internet $100/month. Electricity $200/month. Insurance $400/month. Labor: 1 full-time employee, $4,500/month. Inventory: Approx. $60,000. Annual net profit: Approximately $140,000. ***Price include fixed assets, EXCLUDING INVENTORY.
Location
State NY
County Out Of Area
Rooms
Basement Storage Space
Interior
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 1
Others
Special Listing Condition None
Listed by Chase Global Realty Corp
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