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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  $448000
Net Profit / Cash Flow  $63380
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1986
Number of Employees  1 - 3
Inventory  30000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Description  This Liquor Store is a prime opportunity for anyone seeking to transition into this industry. This store is strategically located in a heavily populated & dense area of the San Fernando Valley. It is located on a heavily traveled major street with very high visibility and ample parking. The rent is very low, well below the market average at only $3,500 per month which includes all CAM charges for approximately over 3000 Sq. Ft. This business was established 26 years ago. The current owner, of over 8 years is selling due to health issues. YM Express Liquor is located adjacent to very famous Restaurant that has very heavy foot traffic, a recently built hotel and lots of apartments nearby. There is limited competition in the area. The business draws customers from the surrounding areas and from a major freeway which is nearby. Buyer is advised and is aware that YM Express Liquor has no financial books and records. Buyer not to rely on Broker or Seller. Buyer to observe business during due diligence and rely on himself or his/her advisors for final decision. As per the Seller, for the 12 month period ending June 30, 2012, revenue was $448,000 with Sellers Discretionary Earnings of $63,000. The above reference numbers are per the Seller and are approximate. Buyer to complete their own review of books and records during Due Diligence.
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