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Liquor Store For Sale - Hollywood, California

Ad/Listing Information
 
Status: Off The Market
Location: Hollywood
County: Los Angeles
City: Hollywood
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $375,000
Down:      $375,000
Revenue:      $420,000
Adj. Net:      $100,000
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Yes
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Hollywood Liquor Store Business For Sale:

Improved Liquor Store Within 1 Block Of Hollywood Freeway On A Major Intersection With High Volume Traffic Due To Gas Station At Intersection. Store Has A Lot Of Repeat Local Customers And Some From The Traffic Exiting The Freeway. Business Has Grown Significantly Since The New Owner Has Taken Over. Seller Has Improved Building With New Interior Flooring, Interior Paint And Large Exterior Signs.

Store Has Liquor, Beer, Convenience Items, Lotto, Western Union And Phone Cards. Store Has 1,500 Sq Ft. And Rent Is Only 1,700 Per Month Gross With 8 Yrs Left On Lease With Option For Another 5 Yrs. Margins Are Extremely High Between 45% To 50% Due To Sellers Unique Approach To Buying Inventory.

Sales Are A Minimum Of 35,000 Per Month.
Seller Estimates Take Home Of At Least 100,000 Per Year.
Inventory Is Valued At Around 50,000.
Hours Are M-Sat From 8-12pm. Sun From 8-11pm.

Seller Is Seeking An All Cash Purchase. Purchase Price Is 375,000 Plus Inventory.

All Information Is Provided By The Seller And Is Believed To Be Reliable.

Versant Business Team, Inc. Or Its Employees Have Not Verified Any Of The Information Or Facts About This Business. Buyer Takes On All Responsibility For Due Diligence Regarding The Evaluation Of This Business. Buyer Is Advised To Talk To Accountants, Cpas And Attorneys Before Making An Decision On A Business Purchase.


Liquor Store For Sale And Hollywood Region Related Links:

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Los Angeles County Area Business Opportunity Listings, Businesses For Sale, Franchises For Sale

Looking For A Specific Type Of Business (Location) For Sale? Place A Business Wanted To Buy Request On BizBen

Sell A Liquor Store Or Los Angeles County Business, Place An Ad On BizBen Today


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Hollywood Regional Upcoming Events

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I am looking to buy a restaurant, retail, or service business in the San Fernando Valley (Los Angeles County) before the end of March 2011 . Business should have clean books and provable records. I have up to $300K (savings) for a down payment or purchase of a small business, if owner would carry a small amount that would also be great. Annual adjusted net income should be $80,000 or more. Rent must be reasonable. Call Khaled (buyer) at 310-714-7557 immediately.


More Los Angeles County Information For Buying & Selling Los Angeles County Businesses


Los Angeles County Resources - Services Needed When Buying/Selling A Business
Los Angeles County Business Brokers - Brokers & Agents That Service Los Angeles County
Los Angeles County New Franchise Opportunities - New Start-Up Franchises Available
Los Angeles County Franchise Resales - Established Franchise Resales For Sale
Los Angeles County New Business Opportunities - Opportunities, Licensing Ventures

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