This exceptional business opportunity in Bogota, NJ, presents a chance to acquire a well-established and profitable enterprise. Located on East Fort Lee Road, this combined liquor store, lotto-convenience store boasts a strong customer base and consistent annual net revenue of approximately $125,000. The sale includes a valuable liquor license, a significant asset contributing to the business's success. The property itself offers ample storage space with a 1,200 square foot basement. The business is situated in a high-traffic area, ensuring consistent customer flow. This turnkey operation is ready for a new owner to step in and continue its success. Note that the inventory will be sold separately. While the property does not have heating, the strong revenue stream more than compensates for this aspect. This is a rare opportunity to own a profitable business with established clientele and significant earning potential. Serious inquiries only. The asking price is $250,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$359,365
Hospitality
$329,176
Educational
$273,871
Medical
$283,290
Retail
$426,022
Location Insight
City
Bogota
County
Bergen
State
New Jersey
Latitude
40.8757
Longitude
-74.0288
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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