Liquor: Lots of BW Sales, Rev $75K/m, Net $15K/m, Asking $490K. LA

Los Angeles, CA (Los Angeles County)

Liquor, Beer & Wine Sales in Arcadia
Contact Seller

Asking Price: $490,000

Cash Flow: $180,000

Gross Revenue: $900,000



Inventory: $80,000

Rent: $4,966.40 /Month

Established: 2010

Liquor: Lots of BW Sales, Rev $75K/m, Net $15K/m, Asking $490K. LA

Save Print Share Valuation Report

Business Description

More-than-a-typical liquor store with more than 75% of liquor and beer & wine sales. So is higher profits. Well-organized. Interior of the store is harmoniously structured and offers a wide selection of hard liquors, fine wines stored well in the wine room. Located in a strip mall. It is surrounded by the Hispanic neighborhoods
EBT accepted. Lots of beer and wine sales
• Gross sales are: $75,000 or up per month
• Net income is $15,000 or up per month
Including extra income: $1,800 Lotto/Lottery sales and $600 ATM
• Higher-margin rate averages 35%
• Hard liquor sales are more than 50% and beer & wine about 25%
• Rent is $4,940 per month, including 3 Net, and increased by 2 percent every year
• Lease term is 4 years plus 5 years option
• Store size is 1940 Sq. Ft.
• Open hours are Mon-Sun from 9 am to 1 am
• Employees are one FT and 2 PT
• Two owners work alternatively
• Wages paid out per month are about $7,500
• Sales taxes paid out per month average $5.100
• Business established for 19 years by the current ownership
• Parking spaces are in the rear
• SBA loan is available with 30% down. And amortization of $4,166 per month is estimated over 9 years

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
8 coolers
Growth & Expansion:
Add check cashing, money order, water sales
Support & Training:
2 weeks after closing escrow
Reason for Selling:
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Days Active On Site:
Appeared in Search:
Listing Detail Views:

Ad#:1482994 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Cheba Hut - Toasted Subs

Franchise Opportunity In CA
Capital Required: $376,000