Liquor Store Half Price
Location California,United States
Asking Price Range < $250K
Gross Revenues $600000
Net Profit / Cash Flow $96000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1984
Number of Employees 6 - 9
Inventory 60000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks, 40 hours per week.
Reason for Sale Partnership split.
Description Purchased 18 months ago for $480k. Once in a lifetime opportunity to get a liquor store in vibrant Glendale. High gross, ranges between $1,500-$1,800 daily. Partnership forces quick sale at a steal. Buyers need to act fast, non-disclosure agreement required prior to release of exact business address. All showings of business will be with Broker via direct buyer / seller meeting. Rent is sweet $4,800 monthly for 2100 square feet of space, no triple net. Lease to be negotiated for the buyer at similar terms. $90,000 assumable loan will be part of the transaction and escrow will prorate the proceeds accordingly (either you pay off in cash or assume the obligation, your choice). Contact for more information on this Liquor Store for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|