Hi Volume Liquor Store in Long Beach!

Long Beach, CA (Los Angeles County)

Hi Volume Liquor Store in Long Beach!
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Asking Price: $899,000

Cash Flow: $300,000

Gross Revenue: $1,440,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,927 /Month

Established: 2004

Hi Volume Liquor Store in Long Beach!

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Business Description

Same Owners since 2004. Owner is burnt out and looking for something easier to run. Located in a densely populated area with walking traffic. Surrounded by a mixed neighborhood. Good profit margin at 35%. Can do SBA Loan with 30% down payment.

Detailed Information

Location:
Long Beach, CA
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
3 Ft
Facilities:
Same Owners since 2004. Located in a densely populated area with walking traffic. Surrounded by a mixed neighborhood. Lease terms are 5+5.
Competition:
Plenty of walking traffic. Good profit margin at 35%.
Growth & Expansion:
Potential to improve sales.
Support & Training:
2 weeks of training. Can do SBA Loan with 30% down payment.
Reason for Selling:
Owner is burnt out and looking for something easier to run.
Business Website:
http://www.powerrealty1.com
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Jack Oh

Business Listed By:
Jack Oh

Power Realty & Investments

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