LIQUOR – HIGH VOLUME & NET – P/T OWNER – SBA LOAN

Price: $679,000

Location: Los Angeles County, CA

Industry: Liquor Stores

Listing ID: 01985378JH

Listing Status: New

Description

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.

LISTING DETAILS

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

Operation

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

Location

Real Estate: N/A

Monthly Rent: $5,700

Type of Location: Strip Center

Square Footage: 1800

Summary

Reason For Sale:

Personal

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LISTING OWNER