Liquor - High Volume - Low Rent - Long Lease

Los Angeles County, CA

Liquor - High Volume - Low Rent - Long Lease
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Asking Price: $298,000

Cash Flow: $132,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $100,000

Inventory: $50,000*

Rent: $32,000 per Month

Established: 1995

*not included in asking price.

Liquor - High Volume - Low Rent - Long Lease

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Business Description

Very Busy Liquor Store with Lots of Local Customers, Great Store, Great Location

Listing # - 4983 JH

*Monthly gross: $50,000

*Monthly rent: $3,200

*Lease terms: 5 + 5 years option

*Store size: 2,000 sq. ft.

*Open hours: 7:30am - 9:30pm daily

*Extra income: lottery: $24,000(annually)

*Densely populated

*Parking in front street

*Entrance from front

*Short open hours with potential to increase sales with longer open hours.

*No condition on license.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
1/30/2025
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Retire
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William Park

Business Listed By:
VR Business Brokers

VR Business Brokers

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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Ad#:1785724

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