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Established Liquor Store For Sale
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Food and Beverage > Liquor Stores



Business Summary

Well established Downtown Los Angeles liquor store for sale. Price at $350,000 including Type 21 beer, wine and distilled spirit liquor license. Annual gross $720,000 with profit margin of 20% or more. Inventory of $100,000 not included in sale price. Monthly rent of $3000 with 5 years term and 5 years or more renewal option at market rent. Please text broker Dorothy Pang at (626) 484-4683 for details or to schedule an appointment to see the business. Owner will train for 2 weeks after close of escrow.

Financials
Asking Price Range:  $250K - $500K
Gross Revenues:   $720,000
Cash Flow:   $144,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business
Year Established:  1962
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale
Management Training and Support:  2 weeks after close of escrow
Reason For Selling:  Semi retired




Print Listing Id: 700317270
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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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