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Liquor Store For Sale

San Fernando Valley, California, United States
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Asking Price$249,000
Revenue$660,000 EstablishedUndisclosed
Cash Flow$110,000 Employees2 part-time
FF&E$25,000* FranchiseNo
Inventory$80,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Location, Location, Location!  Situated on a very busy main boulevard in an affluent residential and commercial safe neighborhood, this 1500 sq. feet corner store with 4 allotted parking's in the back and ample street parking on a very busy street, has a monthly sale of around $55,000 with additional income from Lotto ($1800 pm), ATM ($200), MoneyGram ($200) the sellers net take home is $9,000 plus per month.  The store has an excellent collection of wine, beer and liquors and has good profit margins on same.  They have 9 door walk-in coolers used for beer and wine plus they have 9 door reach in coolers for soft drinks. They have 2-part time employees.  The store is open all 7 days and has no timing restrictions and the new buyer can keep the store open for longer hours. The ABC license is clean with no violations.
The rent for the location is very reasonable at an all-inclusive $4150.  The landlord will grant an additional option of 5 years thus making the lease for 1+5+5.  
The seller has other non-related retail businesses which keep him from concentrating on the liquor store hence the sale.  This won't last.  Reasonably priced for a quick sale.
For more information, please visit www.SunbeltCa.com print complete and fax a Confidentiality form to (818) 668 8597 Attention Mike or contact Mike Jasani at (818) 342 5222 ext.445 or cell phone 818-723-5150 or email: msjasani@gmail.com

Real Estate Number: 01372982
Training/Support:2 weeks at 20 hours per week following close of escrow
Sale Reason:Other business interests
Ad #81090
Seller Reference #SANFECA001-N2944
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Contact This Seller
Mike Jasani
(818) 342-5222
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