Liquor Store, Mostly Liquor Beer Wine, Big Store

Price: $749,000

Location: Orange County, CA

Industry: Liquor Stores

Listing ID: 01985486 WP

Listing Status: New

Description

Large, Busy Liquor Store is selling mainly alcohol. Inventory is estimated at $120,000 (in addition to business selling price). There is a wide variety of Hard Liquor, a Full Range of Wines, and Many Beers in 15 Reach Doors from a Massive Walk-In Cooler. This is a fully loaded Liquor Store. Reasonable hours of operation from 9 AM to 9:30 PM, little later Friday & Saturday, and shorter Sundays. The current owner needs a quick sale due to a death in the family, but the previous owner had the store for over 25 years! Owner is working very part time to place orders and keep books, so they have 4 employees and spend over $6,000 a month for payroll.
Located in prime upscale neighborhood of Anaheim Hills near Yorba Linda. Very good long lease. Extra Income from Lottery about $2,000 per month + ATM Machine + Bitcoin Machine, not counted in stated net income.
Gross Profit Margin: Approx 40%
Utilities: Electric, Water, Gas, Security, Internet $1,700 Monthly Average
Trash: Included in CAM

LISTING DETAILS

Down Payment: $749,000

Total Sales: $780,000

Cash Flow: $160,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $120,000

Inventory Included: No

Operation

Year Established: 1990

Days & Hours of Operation: M-Th 9-9:30; F-Sa 9-10; Su 9:30-8:30

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 4

Absentee Owner: No

Lease Option: 10 yrs option

Location

Real Estate: N/A

Monthly Rent: $5,661

Type of Location: Strip Center End Cap

Square Footage: 3060

Relocatable: No

Summary

Reason For Sale:

Death In Family

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LISTING OWNER