Liquor Store For Sale

Listing ID: 700181109

Listing Title: Liquor Store For Sale

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Industry: Food and Beverage

Industry Segment: Liquor Stores

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: Los Angeles

Asking Price Range: < $250K

Gross Revenues: $448,000

Cash Flow: $63,380

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1986

Number of Employees: 1 - 3

Business Description:
This Liquor Store is a prime opportunity for anyone seeking to transition into this industry. This store is strategically located in a heavily populated & dense area of the San Fernando Valley. It is located on a heavily traveled major street with very high visibility and ample parking. The rent is very low, well below the market average at only $3,000 per month which includes all CAM charges for approximately over 3000 Sq. Ft. This business was established 26 years ago. The current owner, of over 8 years is selling due to original owner passed away and brother is running the liquor store. Liquor is located adjacent to very famous Restaurant that has very heavy foot traffic, a recently built hotel and lots of apartments nearby. There is limited competition in the area. The business draws customers from the surrounding areas and from a major freeway which is nearby. Buyer is advised and is aware that Liquor has no financial books and records. Buyer not to rely on Broker or Seller. Buyer to observe business during due diligence and rely on himself or his/her advisers for final decision. The above reference numbers are per the Seller and are approximate. Buyer to complete their own review of books and records during Due Diligence.

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