Liqour Store
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Food and Beverage > Liquor Stores
Business Summary
This well established Liquor Store for sale is located on a major street with front parking in a commercial and residential upscale neighborhood. The seller claims their gross sale is $504,000 a year. Each partner takes home $4,500 per month. Rent is $3,000 plus $594 for property tax. Lease expires 2016 with one 5 year option or a new lease. This liquor store has lots of upside potentials like a cigar display glass room, adding check cashing, or groceries, etc. Has a walk-in cooler with 10 doors and 3 year old condensing unit. New roof with new air conditioner unit. An owner operator would be a suggestion. All financing information has not been verified by broker and buyer should verify all information to their satisfaction. For more information, please email or call Arnold Lee at (818) 342-5222 ext. 310.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$504,000
Cash Flow:
$108,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $10,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1948
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours per week.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Liquor Stores business for sale.
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Print Listing Id: 70098333
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