Liquor Store For Sale
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1140000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1974
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 2 weeks at 20 hours per week following close of escrow
Reason for Sale Retirement
Description Annual gross sales of over $1 million dollars! Additional check cashing and lotto income of $10k per month! Absentee run liquor and deli business with 12 part time employees. The store has been in the family since last 40 years and with current owner since last 35 years. Now the owner wants to retire and travel hence the business is for sale. A good opportunity for the potential buyer as a liquor store rarely comes up for sale in this city which is flush with new oil money!
The price includes property measuring a lot of 18,750 sq. ft. with a 6000 sq. ft. building located on a prime road of the city. Sale of business without property may also be considered for $900,000 plus inventory. Buyer with excellent credit maybe eligible for an SBA loan. For more information, call/email Arnold Lee at 818-342-5222 Ext 310 or Mike Jasani at 818-723-5150.
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