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Liquor Store For Sale
Location: United States -> California -> Mission Hills
Industry: Food and Beverage > Liquor Stores




Business Summary

Quaint corner liquor store with huge potential.
Almost a half a million dollars in sales annually with enough net to provide a modest income for the owner operator. Great reputation with local clientele. 27 years in same location.

Lease is high but can potentially be negotiated with landlord to create more cash flow. 2000 sq ft with 16 door reach in cooler only 7 years old. Business comes with its own ATM. Also includes Lotto.
Absolutely no marketing has been done in the last 15 years. The store is primed for growth. Great counter space and pre-plumbed for deli/food service. Money Order/Western Union another great opportunity to create foot traffic.

Priced to sell. With value of liquor license and fixtures & equipment it's almost free. Inventory sold separately at cost-approximately $30,000. Buyer will have to qualify for ABC license. Escrow required.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $420,000
Cash Flow:   $30,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retiring




Print Listing Id: 700272543
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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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