Liquor & Property: Gross $300K, Net $48K, Owner Carry, Reducd to $350K

Jess Ranch, CA (San Bernardino County)

Liquor & Property: Gross $300K, Net $48K, Owner Carry, Reducd to $350K
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Asking Price: $350,000

Cash Flow: $48,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: $40,000*

Real Estate: $360,000

Established: 2010

*not included in asking price.

Liquor & Property: Gross $300K, Net $48K, Owner Carry, Reducd to $350K

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Business Description

Liquor and property sale. Owner will carry up to 50% of the purchase price for 10 yrs at 6%. Free standing. Huge lot. Surrounded by Hispanic neighbors
Business and bldg. / property are $450,000 only plus $40,000 in inventories. Sales records are not that good.
Bldg. size: 2584 sq.ft
Lot siae: 15000 sq. ft
Built in 1974
Below is a quick summaries
1) Gross sales are abt $25,000 or lower per month
2) Net profit is abt $4,000 or lower per month
3) One (1) part-time labor w/$1,000 wages/mo
4) Extra income: Lotto/Lottery-$300, ATM-$30
5) Sales taxes paid out is $1,100/mo
6) Eleven (11) plus eitht (8) coolers
7) Seller is the landlord and has run the business for 9 yrs
8) Seller's note: Seller will carry up to 50% of the pruchase price for 10 years at 6% interest. If $250,000 carried, $2,776 per month to be paid over 10 yrs
For more information, contact Kevin Kim at beeinvest.kim@gmail.com / (714) 345-6514

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,584
Employees:
1
Facilities:
11+8 coolers, Seller will carry up to $250,000 for 10 years at 6% for qualified buyer
Financing:
250000
Support & Training:
2 weeks after closing an escrow
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

Show Phone Number

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