Liquor: Semi-absentee, Sales $690K, Net $48K, Affordable at $189K, O/C

Santa Ana, CA (Orange County)

Well-organized Liquor Store, OC
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Asking Price: $189,000

Cash Flow: $48,000

Gross Revenue: $690,000

EBITDA: N/A

FF&E: N/A

Inventory: $90,000*

Rent: $6,100 /Month

Established: 2015

*not included in asking price.

Liquor: Semi-absentee, Sales $690K, Net $48K, Affordable at $189K, O/C

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Business Description

Well-organized liquor store located in a well-established strip center.
Overall, it is okay to exclude relatively low net income from higher rent and overhead costs of employees. Below is a brief overview:
Monthly gross sales are anyway between $55,000-$60,000
Monthly net income is about $4,000
Rent: $6.100 including 3 Net
Lease is 7 yrs and 5 yrs option
Huge size is about 3040 sq. ft
No of employee ; 2 Ft and I PT
Ample parking

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,040
Lease Expiration:
12/31/2025
Employees:
3
Facilities:
21 coolers, Ample parking, Semi-absentee
Competition:
Yes
Financing:
NA
Support & Training:
2 weeks after closing escrow
Reason for Selling:
Sick
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Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

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