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Liquor Store and Market

  • Status: Sold
  • Price: $500,000

Kyan Soleimani

License No:
DRE #01927280
Email:
kyan@lbaweb.com
Office:
616-816-1141
Mobile:
424-542-1402
  • Listing No: 6365
  • Status: Sold
  • Area: Los Angeles
  • Price: $500,000

Description

This is an amazing opportunity to buy and run this established liquor store in the heart of the well populated City, Located in a very busy strip mall, and walking distance to both another shopping mall and a huge Marketplace.

The business is in very close proximity to many eateries and shopping/entertainment places

This is a can’t miss and rare opportunity to own and run an established liquor store.

  1. Business does very well; per seller, business grosses roughly $70k-$75K in monthly sales
  2. Per seller, 13 years left on the lease; 3 years left on current term plus two 5-year options
  3. Proximity to major malls and location in strip mall provides business with a lot of drive-by traffic
  4. Purchase price includes cigar humidor, all fixtures, most equipment (possible exceptions being a small champagne cooler, a computer, and a couple electric signs used for décor)
  5. Sells Tobacco and tobacco products as well
  6. There is plenty of parking for the liquor store in the lot
  7. Base rent is $4,500/month; NNN $6,000/month per seller. Price does not include Inventory.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Liquor Store and Market
License(s) Required: Business, Health, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6365
Date Available: 04/26/2022
Reason For Sale:

Financial Information

Annual Total:
900,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4,500/m
Lease Expires:
2025
Lease Option:
2 x 5 years option
NNN:
6,000/m

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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