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Liquor Store For Sale - San Diego, California

Ad/Listing Information
 
Status: Off The Market
Location: San Diego
County: San Diego
City: San Diego
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $450,000
Down:      All Cash
Revenue:      Call/Email
Adj. Net:      Call/Email
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      No
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This San Diego Liquor Store Business For Sale:

Rare opportunity to own a very high volume and high visibility, busy street location, 2000 SF in size in central San Diego with a full liquor license and check cashing which has a net income of 6000-6,500 per month.
Profit margin of merchandise sale is 30%

Store was established in 1965. Present owner has been operating the business for the last 15 years.
The gross sale history from 2003 to 2011 are as follows:

2003 591,645.64
2004 656,618.84
2005 703,222.37
2006 701,457.14
2007 669,718.36
2008 662,063.06
2009 631,079.49
2010 625,114.70
2011 up to this date Nov.8 538,307.18

Expenses:

Rent 4,200.00 including NNN/month
Utilities 1,200.00/month
Permits 200.00/m
Insurance 200/m
Salaries 4,000/m
Banking 1,000/m which is called merchant service for credit card & ATM

45 cents is charged for each transaction, basically most is recovered.
Lotto sale average 13,000 not included in the above gross sales.

Seller has 5 years lease left with one or two 5 years lease option to exercise.

Business address will only be provided with proof of funds along with NDA

Interested parties are welcome to contact the Seller.



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