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Liquor Store For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $320000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks at 40 hours per week following close of escrow.
Reason for Sale Relocation.
Description Liquor Store is located on a high foot traffic corner near the heart of the NoHo Arts District of North Hollywood and just 4 blocks from the popular North Hollywood Park. Owner is relocating and has priced the business for a quick sale. The business has a large selection of general merchandise, liquor, beer & wine, tobacco products and convenience food items. The store also has scratchers and lotto. The business has lots of equipment's including glass door coolers and plenty of shelf space. The entire liquor inventory along with multiple refrigerated storage units, shelving and wine racks valued at well over $50,000 are all included in the sales price. The store's NoHo location has become a huge tourist attraction with contemporary theaters, art galleries, cafes, and shops. The area features more than 20 professional theatres producing new work and classics, diverse art galleries, public art and professional dance studios. The district also features the largest concentration of music recording venues west of the Mississippi. You have the added prospect of expanding the current revenues by appealing directly to the districts many attractions and supplying them with beer, wine and soft drinks. This is an excellent opportunity to own, operate and grow this already well-established liquor store and earn a high return on your investment. For more information, please email or contact Joseph Goldberg at (818) 342 5222 ext. 313.
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