Established Liquor Store For Sale

Listing ID: 700317270

Listing Title: Established 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 - $500K

Gross Revenues: $720,000

Cash Flow: $144,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1962

Number of Employees: 1 - 3

Business Description:
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.

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