Liquor Store

Van Nuys, CA (Los Angeles County) (Relocatable)

Liquor Store
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Asking Price: $225,000

Cash Flow: $14,000

Gross Revenue: $65,000

EBITDA: N/A

FF&E: $75,000

Inventory: $150,000*

Rent: $7,000 /Month

Established: 1998

*not included in asking price.

Liquor Store

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Business Description

Substantial Price Reduction Full Service Liquor Store. Good Location

Well established Store with same owner for over ten years. Located in strip shopping center with adequate parking. New five year lease at $7000.00 monthly includes CAM charges with an additional five year option. Good sized store measuring 2,700 sq. feet. Estimated breakdown of Sales : Liquor 25%, Beer 30 % Cigarettes 10% , Supermarket goods 35%.High Lotto sales not included. Surrounding area has a variety of single home residences, apartments and retail businesses.Owner moving out of area and will entertain all offers

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
2 +Owner
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in the San Fernando Valley. Has established repeat customer base.
Competition:
Usual
Growth & Expansion:
The store looks old and tired. Needs freshening and modernizing.
Support & Training:
Seller will train Buyer for seven days after close of escrow
Reason for Selling:
Seller relocating.
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Eric Silver

Business Listed By:
Eric Silver

Eric Silver Brokerage

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