Liquor Store near Valencia - Employee Run

Canyon Country, CA (Los Angeles County)

Liquor Store near Valencia - Employee Run
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Asking Price: $325,000

Cash Flow: $96,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: $0

Inventory: $100,000*

Rent: $4,600 per Month

Established: N/A

*not included in asking price.

Liquor Store near Valencia - Employee Run

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Business Description

MONTHLY GROSS: $75,000
MONTHLY RENT: $4,600
LEASE TERMS: 3 (NEW LEASE AVAILABLE)
STORE SIZE: 1,710 SF.
OPEN HOURS: 7AM-10PM
EMPLOYEES: 2 FT, 2 PT
WAGE: $8,000/MO.
EXTRA INCOME: $1,500 LOTTERY, $2,000 CHECK CASHING, $600 ATM.
REASON FOR SELLING: LONG COMMUTE. OWNER HAS OTHER STORES TO MANAGE.
NOTE: LOCATED IN A PEACEFUL AND NICE NEIGHBORHOOD ON A
BUSY STREET NEXT TO APARTMENTS AND HOMES.
GOOD PROFIT MARGIN AT 35%. PART TIME. OWNER.
PLENTY OF PARKING. BETTER OPPORTUNITY FOR OWNER-OPERATOR.
OWNER IS PAYING TOO MUCH FOR PAYROLL.
NET INCOME: $8,000/MO.

Detailed Information

Location:
Canyon Country, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,710
Lease Expiration:
N/A
Employees:
3
Facilities:
17100 sf. Plenty of parking
Competition:
Some competition
Growth & Expansion:
Potential to increase business and net income with owner-operator
Support & Training:
Seller will train
Reason for Selling:
Too busy with other stores.
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Jack Oh

Business Listed By:
Jack Oh

Power Realty & Investments

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