LA Liquor Store - Profitable, 25 year Goodwill!

Los Angeles, CA (Los Angeles County)

LA Liquor Store - Profitable, 25 year Goodwill!
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Asking Price: $349,000

Cash Flow: N/A

Gross Revenue: $850,000

EBITDA: N/A

FF&E: $0

Inventory: $30,000*

Rent: N/A

Established: 1990

*not included in asking price.

LA Liquor Store - Profitable, 25 year Goodwill!

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Business Description

Price just reduced! This is a great opportunity! 2021 gross receipts is over $700k for just liquor store! Additional $150k/yr revenue with check cashing! Sales is growing year-over-year! Increase revenue: 1) liquor sales is allowed until 12AM, but business closes at 10PM. 2) Add high-end liquor bottles to inventory. 3) Add more wine selections. 4) Add delivery app services to increase sales. Fantastic location on a busy corner! Great parking! Lots of goodwill. Under current ownership over 25 years. Seller is retiring and relocating out of state.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
5/31/2032
Competition:
No more liquor licenses being issued in the area.
Reason for Selling:
Seller is retiring from liquor store business and moving out of state.
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Chris Kim

Business Listed By:
Chris Kim

KW Commercial Realty

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Ad#:1963780

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