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$390,000

Est. payment - /mo

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Active

211 Washington ST Other, NY 07030

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

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

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States