Liquor store doing $48k+ pm Asking $199,000

Santa Clarita, CA
Los Angeles County


Asking Price: Annual Revenue:
$199,000 $575,000

Food & Beverage: Liquor Stores


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RE: Liquor store doing $48k+ pm Asking $199,000 Broker: Mike Jasani
License #: 01372982
Owner Financing is Available!
Negotiable. Seller may consider financing a small note for an eligible buyer.

Quick Facts

Asking Price: $199,000
Annual Revenue: $575,000
Net Profit: $84,000
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 2
BBN Listing #: 234459530
Broker Reference #: SBB2012

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Business Overview:

Absentee owner - Employee run liquor store! Monthly sale of $48,000+! Owner operators can take home $7,000+ approximately per month.
Asking price $199,000 plus inventory. Established since 2005 and with current owner since 2009, this beautiful well maintained 1,700 square feet store is in a shopping/commercial plaza surrounded by homes in Santa Clarita Valleys safe neighborhood.

1 full time and 1 part time employees operate the store. Wages per month are $4,500! Owner operators can save a big amount on wages! Store has 19 door walk-in cooler, ATM, money order, Ice machine, coin machine, security camera system. Also uses Grubhub and other delivery services. Buyer can introduce EBT, utility bill payment facility, coffee etc. to increase sales.

Landlord will give new 5-year lease with an option of 5 years. Though there is ample parking spots landlord willing to give two assigned parking slots. Seller may carry a small note for eligible buyers! Good opportunity for owner operators!

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Property Features and Assets:

Store size : 1,710 square feet. New lease 5 + 5 years. Rent: $2.30 per square feet pm +CAM Located in a shopping/commercial plaza. Ample parking. Safe and growing neighborhood.

Market Competition and Expansion:

Buyer can introduce EBT, utility bill payment facility, coffee etc. to increase sales revenues.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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