Hot Listing
Liquor store beer and wine
Business Description
Established liquor store specializing in beer and wine located in Riverside, CA, operating continuously since 1970. This Type 20 licensed establishment offers a turnkey opportunity in a clean, desirable neighborhood with strong fundamentals for growth.
Business Overview:
Long-standing beer and wine retail operation with over 50 years of community presence. Currently managed as an absentee-owned business, demonstrating the potential for hands-on ownership to drive increased performance. The store maintains an established customer base built over decades of operation.
Key Features:
• Type 20 beer and wine license
• Prime Riverside location in clean neighborhood
• Lease rate of $2,200 per month
• Inventory valued at $15,000
• Established since 1970 with proven longevity
• Currently absentee-managed with room for owner involvement
Growth Opportunities:
Significant potential exists for expansion under new ownership. The business can benefit from extended operating hours, increased inventory investment, and enhanced customer service through direct owner involvement. The facility includes floor drains and plumbing infrastructure, providing future expansion possibilities including potential coffee service addition.
Operational Advantages:
The business operates smoothly with minimal operational challenges, making it an ideal opportunity for family ownership or first-time business buyers. The established license and neighborhood reputation provide a solid foundation for growth.
Owner Support:
Current owner willing to assist with Type 20 license transfer process to ensure smooth transition.
Selling Reason:
Owner relocating internationally, creating opportunity for motivated buyer to acquire established operation.
Asking Price: $170,000
Inventory: $15,000
Location: Riverside, CA (Riverside County)
This represents an excellent opportunity to acquire a well-established retail operation with significant upside potential for hands-on ownership.
Business Overview:
Long-standing beer and wine retail operation with over 50 years of community presence. Currently managed as an absentee-owned business, demonstrating the potential for hands-on ownership to drive increased performance. The store maintains an established customer base built over decades of operation.
Key Features:
• Type 20 beer and wine license
• Prime Riverside location in clean neighborhood
• Lease rate of $2,200 per month
• Inventory valued at $15,000
• Established since 1970 with proven longevity
• Currently absentee-managed with room for owner involvement
Growth Opportunities:
Significant potential exists for expansion under new ownership. The business can benefit from extended operating hours, increased inventory investment, and enhanced customer service through direct owner involvement. The facility includes floor drains and plumbing infrastructure, providing future expansion possibilities including potential coffee service addition.
Operational Advantages:
The business operates smoothly with minimal operational challenges, making it an ideal opportunity for family ownership or first-time business buyers. The established license and neighborhood reputation provide a solid foundation for growth.
Owner Support:
Current owner willing to assist with Type 20 license transfer process to ensure smooth transition.
Selling Reason:
Owner relocating internationally, creating opportunity for motivated buyer to acquire established operation.
Asking Price: $170,000
Inventory: $15,000
Location: Riverside, CA (Riverside County)
This represents an excellent opportunity to acquire a well-established retail operation with significant upside potential for hands-on ownership.
About the Business
- Years in Operation
- 56
- Facilities & Assets
- All the furniture and fixture everything included
- Opportunities for Growth
- New owner has alot of potential, put work and more inventory and open later and early
Real Estate
- Owned or Leased
- Leased
- Rent
- $2,200.00 per month
About the Sale
- Seller Motivation
- Moving out of country
- Transition Support
- Willing to help with license transfer type 20 beer and wine
Listing Info
- ID
- 2524561
- Listing Views
- 17
Business Location
Listing ID: 2524561 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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