Busy Liquor Store - South East San Diego

Not Disclosed, CA
San Diego County

Asking Price: Annual Revenue:
$650,000 $780,000

Food & Beverage: Liquor Stores

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RE: Busy Liquor Store - South East San Diego Broker: California Business Ventures
License #: 01774609

Quick Facts

Asking Price: $650,000
Annual Revenue: $780,000
Net Profit: $228,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1970
Employees: 3
BBN Listing #: 568957440
Broker Reference #: Not Disclosed

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Business Overview:

Established store for over 30 years. At its peek sales were averaging
$100,000 per month. Very loyal customers and in a great area that is very busy with little competition.
Location has also been sought out by 7-Eleven, they have seen it as a prime location.

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Property Features and Assets:

Store with back entrance and storage.

Market Competition and Expansion:

Currently as is, sales have been increasing year after year at 15%. At this rate seller believes he can reach $100,000 in 3-4 years. Business is very busy after 5pm. Great opportunity for a buyer to capitalize on this, increase hours with a dedicated employee. Also store currently closes at 10pm, Friday and Saturday at 11 pm. This provides opportunity to a buyer to stay open longer. There are not restrictions on ABC license. Area has also been in development in the past few years, value of property has been increasing and 200 luxury apartments are currently being constructed right down the street.

Reason for Selling:

Owner has multiple business.

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.

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