Liquor Store-High Vol & Net, Established For 20 Yr
Not Disclosed, CA Los Angeles County
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- RE: Liquor Store-High Vol & Net, Established For 20 Yr
- Contact: Jonathan Hwang
- License #: 1995716
Quick Facts
| Asking Price: | $429,000 | |
| Annual Revenue: | $960,000 | |
| Net Profit: | $180,000 | |
| Cash Flow: | $180,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1986 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1016100 | |
| Broker Reference #: | 5736 JH |
Business Overview:
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 5736 JH
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Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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