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Liquor Store
Location: United States -> California -> Northern California - All Northern California -> Modesto
Industry: Food and Beverage > Liquor Stores




Business Summary

Business Price: $229,000

* Store sale: $45,000 /month at 30% profit margin.
* Store has Off-General ABC License.
* Store does lotto lottery, Western Union, Check Cashing and
accepts food stamps.
* Store earns $7,800 /year from lotto lottery commission.
* Store has 10 door + 6 door cooler. In addition it has separate
storage room.
* Owner has established the business from last 8 years.
* Electric Bill: $1000 /month ; Business Insurance: $75 /month.
* Business Hours: 7am to 9 pm.
* RENT: $850 /month. The lowest rent in the central valley for
this kind of liquor store sale.
* Lease: 20 years (split option is also available).
* Inventory is not included in business price. Inventory is sold
separately.

Prospective Buyer needs to sign Confidential Agreement before any further information is provided.

Notice: Buyer understands that Western Singh Brokers (''Broker'') or its agent(s) does not audit or verify any above information given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might
influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s).


Financials

Asking Price Range:  < $250K
Gross Revenues:   $540,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2003
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700163937
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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