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For Sale: Liquor Store - Inland Empire, Riverside Area


Current Status: Active     Posting #: 253680     Last Refreshed: 10/11/19    
Contact: Mani Singh, CBB At 951-296-7646 Cell  -  Also Email This Contact Below
Price:  $475,000     Down:  Call     Adjusted Net:  $145,000     Revenue:  $917,200    
Attributes:  Semi-Absentee Run, Training & Support     Cooperation With Brokers?  Call
Inland Empire, Riverside Area Liquor Store Business For Sale

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For Best Results & Response, Email & Phone This Contact: Mani Singh, CBB at 951-296-7646 Cell.

  Description About This Posting: Liquor Store
Great opportunity to own an attractive, 3800+- sq. ft. in size, well established, semi-absentee owned, employee run, major busy street located, high gross, Liquor store in a desirable community.

Please note, that this stand-alone liquor store is an attractively built business establishment where upon site visit it becomes abundantly clear that seller expended time and resources in its establishment.

Located on a major busy thoroughfare, ensures a high volume of vehicle and foot traffic and a steady stream of clientele. Additionally, this business is strategically located adjacent to residential as well as business communities.

Currently this business is almost absentee owned and employee run, therefore, higher bottom line may be realized by an owner/operator and by controlling payroll related expenses.

Seller allocates about twenty(20) hours per week on this business and conducting operations and managerial duties, consequently resulting in larger than usual payroll related expense.

Material Facts:

Gross Sales Year 2018: $917,200
(Sales do not include Lotto/Lottery Sales)

Business Size: 3800+- sq. ft.
Current Rent: $5,000 Including CAM Charges
Fixed Rent: Rent is fixed at $5,000 with no annual incremental increases till year 2025.

Seller is seeking liquidity via sale of business.

High gross, high net, low rent, great lease, semi-absentee ownership, well established attractive establishment, potential growth opportunities and a reasonable asking price presents a great acquisition opportunity.

To get more information about this Liquor Store business for sale in Inland Empire, Riverside Area please phone Mani Singh, CBB (Agent - BRE License #:01397200) at 951-296-7646 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #253680 on BizBen.com. In addition to phoning Mani Singh, CBB, make sure you email Mani Singh, CBB above to get more info about this Liquor Store, to ask any questions or request an appointment to see this business for sale. Thank you.

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