Retail Liquor Store
Location California,United States
Asking Price Range < $250K
Gross Revenues $250000
Net Profit / Cash Flow $36000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 1 - 3
Inventory 40000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours per week following close of escrow
Reason for Sale Other business interest
Description Liquor licenses sell for around $35,000! This long established liquor store with equipment and furniture valued at over $20,000 is available for only $84,500 with the liquor license! The business is on the market because the owner is involved in another business and cannot devote the time needed to grow this business to its full potential.
Owner operators can make an additional $1200 per month. Gross revenue can be increased by adding check cashing, money orders, money transfers, ATM etc. There is a fully equipped kitchen which can be used to start a small deli or sub-leased the to a fast food business which brings in an additional rental income of around $750 per month and also brings in more customer-walk-ins which will increase your gross sales. The monthly gross sales is about $21,500 plus lotto sales of around $6-7k per month. All coolers and equipment are in good working condition. For more information, call Arnold Lee at (818) 342-5222 ext. 310 or Mike Jasani at 818-723-5150 email.
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