Liquor Store, Gateway to Major Park Area

Riverside County, CA

Liquor Store, Gateway to Major Park Area

Asking Price:$500,000

Cash Flow:$216,000

Gross Revenue:$1,100,000

EBITDA:N/A

FF&E:N/A

Inventory:$140,000*

Established:1955

*not included in asking price.

Liquor Store, Gateway to Major Park Area

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Business Description

Liquor store, hi volume and net, lots of extra income, low rent, high profit margin.
Located in walking distance to many apartments. Spanish speaking area.
Extra income net: check cashing-$5,000/mo, water vending-600, western union-600, lotto 1000, phone cards-1000, ATM-1,000.
Major Epenses-Rent-3700, labor-7000, utilities-2000, Insurance-1000, gross profit-40%

Detailed Information

Inventory:
Not included in asking price
Employees:
5
Reason for Selling:
Too Many Businesses

Listing Statistics for Premium Members

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William Park

Business Listed By:
William Park

VR Business Brokers

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Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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