Price: $679,000
Location: Los Angeles County, CA
Industry: Liquor Stores
Listing ID: 01985378JH
Listing Status: New
Listing ID - 01985378JH
For sale is a liquor store in an affluent area of Los Angeles County, CA. Located on a major street with great visibility.
Part time owner with 5 part time employees. Wage: $7,000/mo.
High volume and net. Monthly gross: $110,000. 35% profit margin. Extra income: Lottery $6,000 monthly average.
Store size is 1,800 sf. Monthly rent: $5,700. Lease term: 5+5 option.
Open hours: 9:30am - 9pm.
Clean ABC license.
Same owner since 2018.
SBA loan with 30% to 35% down.
Down Payment: $679,000
Total Sales: $1,320,000
Cash Flow: $204,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $50,000
FFE Included: Yes
Inventory: $350,000
Inventory Included: No
Year Established: 1993
Days & Hours of Operation: 7 Days (9:30am to 9pm)
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Employees: 5
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $5,700
Type of Location: Strip Center
Square Footage: 1800
Reason For Sale: Personal