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Studio City Liquor Store Prime Ventura Blvd Location

California, Studio City
Asking Price $100,000.00
Gross Income $725,895.00
Cash Flow $725,895.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • LIQUOR RELATED BIZ

  • Liquor Package Store
Overview
This Studio City Liquor store has been an area staple for over 20 years. Its prime location gives an operator the ability to capitalize on easy access as well as maximize the stores exposure to the local neighborhood and passers by. With the appealing and hard to get entitlements of a Type 21 off site liquor license this store has the ability to expand its offerings.
Business Details
Location and Facilities: This 1,700 square foot store leases for $6,350 per month and includes its own parking lot. The spacious store offers plenty of room to add additional inventory and has a well maintained walk in cooler. The sale includes all the business s assets including the furniture, fixtures, equipment, trade name, and off-sale Type 21 liquor license. Inventory, which is approximately $100,000, will be sold at cost at close in addition to the purchase price.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: This store has a great deal of growth potential. With its underutilized floor space, an owner could expand its product offering in any number of directions (e.g. deli, ATM, Lottery etc.). One may be able to envision a gourmet food store in the empty space to compliment the existing liquor business. Competition is considered to be medium, as other options exist in the area, however this store s prime location with outstanding access, private parking lot and over 20 years of goodwill could give this store a significant competitive advantage.

Reasons for Selling: Personal

Financing:

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