Liquor store for sale in Burlington County NJ[3004]

An approximately 5000 Sq Ft Liquor Store with property in Burlington County. The seller renovated the store and the apartment when he purchased it three years ago. Three apartments on top of the building accumulate $31,500 in rent. The location is nice and convenient as it is located in the middle of town and generates significant foot traffic. Located across from a police station and in close proximity to a railway station. The store is doing exceptionally well in wine sales. A big condominium community is being establishing close to the store. This is a great business with great potential for an experienced owner/operator. The cash flow noted is for an owner/operator working 50 hrs/wk taking NO salary and before debt service.
 
Geography: State:New Jersey  County:
Asking Price: $1,250,000
Cash Flow: $215,000
Down Payment: $350,000
Franchise: -
Reason for Selling:
Re Inc.: Yes

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