Silverlake Area Specialty Food Store With Liquor
Glendale, CA Los Angeles County
Request More Information Contact the Seller
- RE: Silverlake Area Specialty Food Store With Liquor
- Contact: Ryan Clark
Quick Facts
| Asking Price: | $285,000 | |
| Annual Revenue: | $1,314,394 | |
| Net Profit: | $166,122 | |
| Cash Flow: | $200,254 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 6 | |
| BBN Listing #: | 938870 | |
| Broker Reference #: | ATFOOD |
Business Overview:
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness and to support regional producers! The store appeals to causal shoppers as well as connoisseurs. Complementing the extensive wine collection, patrons can discover a range of books, merchandise and more. With a dedication to customer satisfaction and a passion for exceptional food and drink, this store has become a sought-after destination for those in search of a harmonious blend of provisions.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This 800 square foot venue leases for $3,175 per month on a 10 year lease until 2/2032. All of the business’s furniture, fixtures, equipment, goodwill and a coveted Type 21 Off-sale liquor license will be included in the sale. An estimated $40,000 in inventory will be sold at cost at close in addition to purchase price.
Market Competition and Expansion:
In this market’s bustling retail environment, this venue sets itself apart by offering a diverse selection of high-quality wines from different regions, providing its loyal customers with a variety of uncommon standout choices. The store's commitment to supporting local producers directly sourced from nearby farms, along with its other provisions as possible. This straightforward combination of a wine collection and locally-sourced produce provides them a competitive edge, making it a go-to destination for those who appreciate its curated selection.
Reason for Selling:
Personal
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:
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
