Liquor Store

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Substantial Price Reduction Full Service Liquor Store. Good Location

Business Description

Well established Store with same owner for over ten years. Located in strip shopping center with adequate parking. New five year lease at $7000.00 monthly includes CAM charges with an additional five year option. Good sized store measuring 2,700 sq. feet. Estimated breakdown of Sales : Liquor 25%, Beer 30 % Cigarettes 10% , Supermarket goods 35%.High Lotto sales not included. Surrounding area has a variety of single home residences, apartments and retail businesses.Owner moving out of area and will entertain all offers

About the Business

Location:
Van Nuys, California
Year Established:
1998
Number of Employees:
2 +Owner
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$7,000.00 Per Month
Facilities:
Located in the San Fernando Valley. Has established repeat customer base.
Market Outlook/
Competition:
Usual
Growth & Expansion:
The store looks old and tired. Needs freshening and modernizing.
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About the Sale

Reason For Selling:
Seller relocating.
Training/Support:
Seller will train Buyer for seven days after close of escrow

Listing Info

ID:
1574213
Ad Detail Views:
0
Asking Price:
$225,000

Gross Revenue:
$65,000
Cash Flow:
$14,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
not included in asking price

FF&E:
$75,000
included in asking price

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Business Listed by

Eric Silver

Eric Silver Brokerage
License# 00838571

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