Liquor Store For Sale
www.GlobalBX.com
Listing ID:
700181109
Listing Title:
Liquor Store For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=181109
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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