Low Volume Liquor: Sales $22.5K/m, Short Hrs, Prc $150K+Invent

Cerritos, CA (Los Angeles County)

Low Volume Liquor: Sales $22.5K/m, Short Hrs, Prc $150K+Invent
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Asking Price: $150,000

Cash Flow: $60,000

Gross Revenue: $270,000


FF&E: $0

Inventory: $25,000*

Rent: $5,300 per Month

Established: 2020

*not included in asking price.

Low Volume Liquor: Sales $22.5K/m, Short Hrs, Prc $150K+Invent

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Business Description

> Liquor store in local neighborhood in Cerritos run mostly by a couple of owners who are seeking a full retirement.
> Hot spot for Lotto/Lottery sales enabling to earn a high commission income of about $130,000 per year.
> Located in a threshold of wall-to-wall strip center with good visibility in a high affluent area of busy street, and is surrounded mostly by Hispanic and Asian neighborhood.
> Relatively short open hours only from 8 am to 8 pm, 7 days.
> 40 years in business at the same location, but the seller started just a year ago.
> ATM available. No check cashing. No employee
> Offering an ample parking space.
> The current lease set to end a year later, so new lease of $2.15 plus triple net workable.
> See below for more.
• Gross sales are anywhere between $20,000 and $25,000 per month
• Net profit is “AS-IS”. Currently the seller produces approx. $5,000 per month
• Steady Lotto/Lottery income: $133,446 in 2029, $133,198 in 2020
• Rent is $5,300 with NNN / CAM
• Store size is approx. 2,450
• New lease for 5+5 workable
• Full cash buyer preferred, but a small version SBA loan with a 50% down very possible To get term business loans and lease approved, buyers must have 700+ Fico and at least 2-year experience in the same industry
• For an address or a walk-by, NDA is mandatory. See online NDA attached
• For more details, contact Kevin at beerealty.ca@gmail.com / (714) 345-6514

Detailed Information

Cerritos, CA
Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
A great Lotto/Lottery sales and income exceeding $130,000 a year steadily. 13 coolers plus 7 reach-in
Growth & Expansion:
Before the pandemic, gross sales per month ranged between $35,000 and $40,000 per month with a longer open hours. Expanding hours and aggressive advertising via SNS improves revenue.
Support & Training:
2 weeks after closing
Reason for Selling:
Full retirement
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(from currently available funds)
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Kevin Kim

Business Listed By:
Kevin Yong Kim

Bee Realty Group

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