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Businesses For Sale   >>   San Fernando Valley Businesses For Sale   

Retail Liquor Store

Location  San Fernando Valley, California, United States
Asking Price Range  $250K - $500K
Gross Revenues  $600000
Net Profit / Cash Flow  $108000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1984
Number of Employees  1 - 3
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  Retirement

Description  
$175,000 (plus inventory) buys you a business with a possible annual income of $132,000! $50,000 monthly sales with additional lotto income of $2000 per month! Annual net profit of $108,000 can be increased by a working owner family by about $24,000 if current wage bill of $3,500 per month can be reduced to $1500. This liquor store is located on a busy boulevard in a safe and thickly populated center in the San Fernando Valley with lots of apartment buildings and ample front parking. About 50% of the sales are beer and liquor. Good margins for other grocery products gives an overall GP of 35%! Ample scope to start check cashing, money transfers, ATM, etc. Seller will carry a note of 50% for 3 years for a qualified buyer. Don't miss this opportunity! Retirement forces this sale! For more information, please contact Mike Jasani at 818-723-5150; email.


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