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60 Year Old Liquor Store for Sale!

California
Asking Price $190,000.00
Gross Income $360,000.00
Cash Flow $360,000.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • Liquor Package Store

  • Beer and Wine Store
Overview
This liquor store has been around for 60 years. The current owner has happily operated it for the last 14 years. The store is located by a main street with heavy traffic in a very safe friendly city. The current owners are a couple in their 60s who come to work every day from 9am to 8pm. They close the shop around 6pm on Holidays. They have a very good relationship with neighborhood customers. There is plenty of space to utilize. The new owner can work longer or install EBT, Lotto, and Check cashing to increase the sales number to at least another $10,000. There is a good mix of nationalities that frequent the shop. Mostly Caucasian and Hispanic. The seller owns the location; he is interested in selling the property as well for $600,000 to help set up a full retirement fund. The buyer can get SBA loan for this business and property. For more information and additional details please contact Peng (Delia) Guan at (626) 283-7732 with Listing ID 3536.
Business Details
Location and Facilities:

Support/Training: 2 weeks, 20 hours per week

Market Information and Position:

Reasons for Selling: Retirement

Financing:

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