Liquor Store-High Vol & Net, Established For 20 Yrs. Long Term Lease

This well-established liquor and wine shop is located in a busy neighborhood shopping center in Pico Rivera, California. Under the same ownership for approximately 20 years, the business has built a loyal customer base and enjoys consistent repeat business with minimal direct competition in the surrounding trade area. The shopping center offers ample customer parking and steady neighborhood traffic.

The business generates average monthly gross sales of approximately $80,000, with an estimated monthly net profit of approximately $15,000. Additional revenue includes approximately $2,500 per month in lottery commissions and approximately $150 per month in ATM-related income. Please note that the ATM machine is not owned by the business.

Currently operated by three family members, the store is open seven days a week from 10:00 a.m. to 11:00 p.m. The premises are well maintained, and the lease has approximately 10 years remaining, including the option period, providing valuable long-term occupancy.

After approximately two decades of successful ownership, the seller is ready to retire. This turnkey opportunity is ideally suited for a hands-on owner-operator seeking an established neighborhood business with strong sales, solid profitability, limited competition, diversified income streams, a loyal customer base, and long-term lease security. The seller is seeking a cash buyer.
OFFICE ID 5743 JH

Down Payment: $429,000

Total Sales: $960,000

Cash Flow: $180,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $80,000

Inventory Included: No

Year Established: 1986

Year of last Acquisition: 20026

Days & Hours of Operation: 7 Days 10am to 11pm.

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Absentee Owner: No

Security on Lease: Yes

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $9,500

Square Footage: 2100

Franchise: No

Relocatable: No

Reason For Sale:

Retiring