Liquor Store – Parking, High Vol & Net, Potential.

Price: $249,000

Location: Los Angeles County, CA

Industry: Liquor Stores

Listing ID: 01985513JH

Listing Status: New

Description

This well-established liquor store is ideally situated in the vibrant neighborhood with ample parking in Whittier, CA.

It boasts a loyal customer base from the surrounding community.

No Condition on the license and hands-on management alongside dedicated employees, the current owner has decided to sell because of medical issue.

This presents a fantastic opportunity for a new owner to take over a thriving business in a bustling area.

Monthly Avg gross: $50,000
Monthly rent: $4,730
Lease terms: 5 Years Plus 5 years option.
Store size: 1,800 sf.
Open hours: 8am-11pm
Employees: 1 FT
Wage: $3,500/mo.
Extra income: $1,700 lottery, $1,000 Atm & Ria.
Financing: cash only

LISTING DETAILS

Down Payment: $249,000

Total Sales: $600,000

Cash Flow: $66,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $85,000

Inventory Included: No

Operation

Year Established: 2000

Days & Hours of Operation: 7 days 8am to 11pm

Non-Owner Payroll: N/A

Employees: 1

Absentee Owner: No

Lease Option: 5 Years Option

Location

Real Estate: N/A

Monthly Rent: $4,730

Type of Location: Strip Center

Square Footage: 1800

Franchise: No

Summary

Reason For Sale:

Medical

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER