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Stand Alone Building, Liquor Store & Lotto
Location California,United States
Asking Price Range < $250K
Gross Revenues $600000
Net Profit / Cash Flow $84000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Inventory 50000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Other business interests.
Description Currently an owner-operator situation, this long-established liquor store is turnkey and ready for new ownership. Inventory of approximately $100,000.00 is NOT INCLUDED, and must be accounted for by prospective buyers as an additional cost of closing this transaction. Price is non-negotiable, so those looking to wheel and deal, this is not your opportunity. Seller will provide transition assistance as needed, location is on an excellent busy street with plenty of regular customers who visit frequently. Upside exists to expand revenues as well, the location is not full optimized. NDA is required for exact business address and to visit as a customer only. Never speak to owner or employees, as this is a confidential sale.
Facilities: Stand alone building, plenty of parking.
Competition: Competition in the liquor space is strong, but this business has been established as a local go-to location for many years, and has a very loyal following.
Growth/Expansion: Broker has not confirmed possibility, but currently it's a beer and wine only mart. Possible expansion would be material modification of CUP or new CUP to get a full liquor license on premises. This would not be a condition of any offer to purchase, just something for Buyers to explore to potentially improve revenues.
Support/Training: As needed.
Reason Selling: Other business interests.
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