Price: $599,000
Location: Orange County, CA
Industry: Liquor Stores
Listing ID: 01985486 WP
Listing Status: New
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
Down Payment: $599,000
Total Sales: N/A
Cash Flow: $160,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Inventory Included: No
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
Real Estate: N/A
Monthly Rent: $5,661
Type of Location: Strip Center End Cap
Square Footage: 3060
Relocatable: No
Reason For Sale: Death In Family