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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   California Businesses For Sale Categories   >>   

Liquor Store For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $360000
Net Profit / Cash Flow  $72000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1974
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  As needed.
Reason for Sale  If the price and deal structure is right.
Description  This is not your run of the mill mini-mart, since many of the items in the store are $40+ and many of the individual purchases are $50 and up from the 40% tourist clientele. Other 60% are locals from the surrounding densely populated neighborhood. Has cigarettes, cigars, standard convenience store items like condoms and energy shots, etc...Main revenue drivers are cigarette sales, beer, hard liquor and wine. Has full lotto spread, 1 wall dedicated to refrigerators. Newly purchased state of the art inventory management Point of Sale is about to be implemented and will be running by the time Buyer takes possession of the premises. 5 year very fair to below market lease for the premises, landlord only gives out 5 year leases, no options, but has kept the store there for decades this way. Buyers seeking audit-proof financials or in need of bank financing with tax returns please do not inquire about this business and waste your time, established liquor and c-store owners can verify invoices etc...as this has a large cash component - 70% of sales. Physical observation period will tell all. NDA is required for address to visit as a customer only. Don't ask Seller any questions, he asked not to be bothered by inquiries unless Broker is present to facilitate a formal buyer/seller meeting.
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