Liquor Store & Market For Sale
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $4200000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description The Seller Owns The Property And Will Give A 10 Year Lease Plus Two 5 Year Options With A Rent Of $15,000/M Including Triple Net Charges. The Store Is 15,000 Square Feet With More Than 80 Parking Spaces Serving The Latino And African American Residents.
Utilities: $10K/M. Wages: $25K/M Plus Payroll Tax. Bank Charges: $1,000/Mo.
The Business Consists Of 3 Aspects: A) Meat Dept. Which Sells $90K/M At 40% Profit, B) Liquor And Groceries Which Produce $240K/M, And C) Check Cashing Services Which Makes Pure Profit Of $20K/M. The Buyer May Sublease The Meat Dept. To The Present Butcher For About $5,000/M.
The Monthly Gross Profit From All 3 Sources Is About $110,000. The Monthly Net Profit (After All Expenses) Is About $50,000.
If You Have Less Than $400K To Put Down In The Form Of Cash And Bank Credit Line, Please Don't Call. The Seller May Participate A Little In Funding The Purchase, But The Buyer Must Have Collateral.
The Buyer Or His Manager Must Have Experience In The Market/Liquor Business. This Is A Cash Cow In Its True Sense Of The Word! The Location Of This Property Is Not In Beverly Hills! Contact for more information on this Liquor Store & Market for sale.
Click Here To Contact Seller
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