Description About This Posting: Liquor Store - High Gross, High Net, Great Lease
Great opportunity to own an attractive, 3800+- sq ft in size, well established, simi-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.
Gross Sales Year 2018: $917,200.00
(Sales DO NOT include Lotto/Lottery Sales)
Business Size: 3800+- Sqft
Current Rent: $5,000.00 Including CAM Charges
Fixed Rent: Rent is fixed at $5,000.00 with no annual incremental increases till year 2025.
Seller is seeking liquidity via sale of business.
High gross, high net, low rent, great lease, simi-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 - High Gross, High Net, Great Lease 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 - High Gross, High Net, Great Lease, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
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