$3,900,000.00
Asking Price
Address: Los Angeles,
Status: Active
Posting ID: 281505
6/4/24
Description
This is a long-established high-volume liquor store with lots of potential and a strip center included in the sale. The owner works a couple of hours a day. It is on a busy street in central Los Angeles. The store grosses approximately $ 160,000 approximately. The Lotto commission is about $ 30,000 per year. No scratchers. Miscellaneous income is $500 a month. Inventory approximately $ 200,000-250,000.
The center has 4 units including the liquor store. Scheduled rents are $13,250 per month NNN. The total center square footage is 5,332 sq ft. approximately. It is on a big corner lot.
Allocation of the asking price is approximately: $1.4 M for the liquor store and $2.5 M for the real estate. Business and real estate are sold concurrently. Ideal for a 1031 exchange.
Please come to the office for additional information. Location will not be disclosed over the phone or email. Principals only, please. No broker cooperation at this time.
To get more information about this Liquor Store And Retail Center - RE Included business for sale in Los Angeles please phone Allen Lee (Agent - BRE License #:01344570) at 213-248-1913 Cell and 213-248-1913 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281505 on BizBen.com. In addition to phoning Allen Lee, make sure you email Allen Lee above to get more info about this Liquor Store And Retail Center - RE Included, to ask any questions or request an appointment to see this business for sale. Thank you. Win Realty & Properties.
Contact
Details
Asking Price: $3,900,000.00
Down: $2,000,000.00
Cash Flow: $425,000.00
Revenue: $2,000,000.00
Area: Los Angeles
City: Los Angeles
Attributes:
My Notes About This Listing
Cash flow
$50,000
Revenue
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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