High Volume Liquor Store On Ventura Blvd
Location:
United States
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California
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Southern California - Los Angeles Area
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San Fernando Valley
Industry: Food and Beverage > Liquor Stores
Business Summary
Asking Price $325,000. Email or call Vic at 818-571-5628. Once in a lifetime opportunity to own a prime location liquor store for sale in Sherman Oaks. Semi absentee owner. The business has been in same location for over 50 years. Store is high volume and tremendous net. This store is strategically located in a heavily populated area, catering to an affluent demographic.
Clients enjoy the convenience of selecting from an abundance of hand-selected fine wines with origins spanning the entire globe. Over the years, the store has built and nurtured a loyal customer base who respect the suggestions and rely on the expertise. The store offers over 1400 square-feet of capacity, there is back entrance from the parking area as a convenience.
Under current owner over the past three years, the store has enjoyed a boost in sales despite a recession-stricken retail economy.
Liquor store with racks and cases throughout for a fine selection. Located on heavily traveled Ventura Blvd. with plenty of ample parking in the back with lot available for overflow cars and assigned parking. Energy efficient to cut the utility bills. Outstanding growth for someone interested in expanding the wine and specialty wine offerings. Very famous Car dealers just moved in the area.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$540,000
Cash Flow:
$89,980
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 1956
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks 40 hours per week.
Reason For Selling: Owner has full time job and she is tired.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Liquor Stores business for sale.
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Print Listing Id: 700107561
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