Liquor Store On High Volume Intersection
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $780000
Net Profit / Cash Flow $180000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 4 - 5
Inventory 100000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training As negotiated.
Reason for Sale Seller has other business interests.
Description Asking Price $550K Plus Inventory
Inventory Valued At $80K To $100K
Seller Financing Of $350K And Maybe More Depending On Offer
Sales $780,000 per year
Gross Margin Is $22,000/Mon
Labor, Insurance, Rent And Other Operating Expenses Are $7,000/Mon
Net Income Is $15,000/Mon (Including $1,500 (Rent From Vendors) + $1,200 (From Lotto) + 450 (From Atm))
Store Has 1 Ft Ee At 72 Hours, 10/Hr - Manages Cash Register
Store Has 1 Pt Ee At 5 Hrs/Day For 4 To 5 Days, 8/Hr - Only Does Setup And Cleaning
Owner Works 42 Hours
Owner Not Paid A Salary Only Keeps Income
3,800 Sq Ft.
Rent $3,245/Mon Plus Nnn ($4,300 Mon Total)
There Is Another 3.5 Yrs On Lease With A 5 Year Option To Renew.
Hours 8-12 Sun - Thurs, 8-2am F-Sat
Contact for more information on this Liquor Store for sale.
All Information Is Provided By The Seller And Is Believed To Be Reliable.
Versant Business Team, Inc. Or Its Employees Have Not Verified Any Of The Information Or Facts About This Business. Buyer Takes On All Responsibility For Due Diligence Regarding The Evaluation Of This Business. Buyer Is Advised To Talk To Accountants, Cpas And Attorneys Before Making An Decision On A Business Purchase.
Click Here To Contact Seller
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