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

Business Summary

Excellent Location! Great Street Visibility! Excellent parking and rent! This growing, long-established business in a stand-alone building admeasuring about 2500 sq. ft. was recently remodeled, does about $50,000 in monthly sales. The store has an additional monthly income of $1000 from lotto, ATM etc. The monthly rent is an affordable $3,400. The lease runs till 2019 with additional options. The annual take home income for owner is $85,000 about. The asking price of $199,000 includes all furniture, fixtures, equipment, coolers worth about $25,000. The seller is willing to carry a note of about 50k for 24 months for eligible buyers. Good books and records. Seller will train buyer for smooth transition. Seller is moving on to bigger businesses. For more information, please contact Mike at (818) 975-8383


Asking Price Range:  < $250K
Gross Revenues:   $600,000
Cash Flow:   $90,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks at 40 hours per week.
Reason For Selling:  Seller moving onto bigger businesses

Print Listing Id: 700287655
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