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Glendale, Los Angeles County, California
33-Year-Established Liquor Store with Strong Lottery Income for Sale
Asking Price
$185,000
Revenue
$750,000
Down
Call/Email
Cash Flow
Call/Email
Description
1. Key Business Information
*Store Size: Approximately 2,100 Sq. Ft.
*Average Monthly Sales: Approximately $60,000–$65,000
*Estimated Net Profit Margin: Approximately 40%
*Monthly Rent: $13,900, including CAM
*Current Lease: Month-to-Month
*Annual Rent Increase: 3%
*Estimated Inventory: Approximately $80,000
*Beer Cooler: 8-Door Walk-In Beer Cooler
*Reason for Sale: Owner’s retirement
2. Strong Additional Income
One of the greatest advantages of this business is its strong lottery income. Scratch ticket sales are particularly active, generating approximately $8,000–$9,000 per month in net lottery income.
This is not the gross amount of lottery sales. It is the approximate amount paid to the owner separately from the store’s regular merchandise sales, helping offset a substantial portion of the monthly rent.
The store also generates additional cash income by being used as a filming location for commercial television advertisements and video productions.
*2025 Filming Income: Approximately $6,000
*2026 Filming Income Through the End of July: Approximately $6,000
Filming income varies from year to year and is sometimes paid in cash, so formal documentation of the exact amounts may be limited.
3. Lease Information
The new buyer will be required to obtain landlord approval and enter into a new lease.
The current rent is subject to a 3% annual increase. However, because the rent is relatively high, the parties may request that the landlord keep the rent fixed for approximately five years without the annual 3% increases.
This is not guaranteed, but there may be an opportunity to negotiate this matter with the landlord.
The store carries a substantial amount of inventory, features an 8-door walk-in beer cooler, and generates additional income from lottery commissions and filming-location fees in addition to regular liquor-store sales. It is a stable, family-operated business with a long operating history and multiple sources of income.
Business Details
Reason for sale:
Retirement
Property Information
Size in Square Feet:
2,100 sqft
Lease Terms:
New lease
Lease & Tenant Information
Lease Options:
$13,900
Posting Information
Posting ID:
9744274
Business Category:
Retail
Business Types:
Liquor Store
Attributes:
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
33-Year-Established Liquor Store with Strong Lottery Income for Sale
Posting ID
#9744274
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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