Profitable Liquor store for sale

Westminster, CA (Orange County)

Clear and clean entrance
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Asking Price: $499,000

Cash Flow: $264,000

Gross Revenue: $660,000

EBITDA: N/A

FF&E: N/A

Inventory: $80,000*

Rent: $7,548 /Month

Established: N/A

*not included in asking price.

Profitable Liquor store for sale

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Business Description

Liquor Store/ High Lotto sale Avg. $12,000 Commission

Very organized and clean store with two large storage. The store is in a good location in Little Saigon, plenty of parking spaces, surrounded by density populated neighborhood and safety. Net income from sale volume is $55,000 per month at 40-45% margin and lottery commission $12,000 per months (This lottery commission over covers all of the expenses about $8,450 per month like: rent, electricity, insurance, telephone, internet and ADT). Extra income from ATM machine is about $150 per month.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
N/A
Facilities:
12 doors walk-in coolers; two large storages in the back; plenty of parking
Competition:
This is the only liquor store in densely populated neighborhood.
Growth & Expansion:
Sale and lottery volume potential increase.
Financing:
upon request
Support & Training:
Seller will provide if needed.
Reason for Selling:
Owner wants to have more time with kids and change to other kind of business.
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Business Listed By:
Danny Nguyen (Broker)

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