Liquor Store For Sale - Hollywood, California
Ad/Listing Information
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Contact Information |
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| Status: |
Available |
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| Location: |
Hollywood |
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| County: |
Los Angeles |
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| City: |
Hollywood |
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| Contact Broker: |
Chuck Mondave
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| Primary Phone: |
408-836-8840 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email Advertiser |
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| Date Started: |
6/23/10 |
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| Date Last Revised: |
6/23/10 |
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| BizBen Ad #: |
147161 |
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| Financial Information |
Detailed Information |
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| Price: |
$375,000 |
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| Down: |
$375,000 |
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| Revenue: |
$420,000 |
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| Adj. Net: |
$100,000 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Yes |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Hollywood Liquor Store Business For Sale:
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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 Responsibiliity 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.
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Call Chuck Mondave Broker at 408-836-8840 (Please Mention You Saw This Ad On BizBen)
About This Liquor Store Business Opportunity For Sale in Hollywood.
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Click here for all links related to this Hollywood Liquor Store For Sale
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