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High Volume Liquor Store For Sale
Location: United States -> California -> Southern California - Los Angeles Area -> San Fernando Valley
Industry: Food and Beverage > Liquor Stores




Business Summary

Excellent corner location! Established since 1975, with current owner since 1981. Located on a prime Boulevard in a very busy city with Great visibility! This liquor store has $115,000 in grocery and liquor sales per month. Lotto commission, ATM, money order and other services bring in a monthly fee of about $4000. Total annual income from the store is $225,000. Employee run business. They have 5 employees. Store is open 7 days from 8a -11p (Friday and Saturday 8a to 12a). Inventory of about $125,000 is NOT included in the asking price. Seller will not compete with buyer for 10 years. Seller wants to retire.
Only financially eligible buyers may apply with proof of funds.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,500,000
Cash Flow:   $225,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $125,000
Seller Financing:  No

About The Business

Year Established:  1975
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks at 20 hours per week
Reason For Selling:  Retirement




Print Listing Id: 700287658
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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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