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For Sale: Liquor Store - Retiring Owner, Short Hours - Alhambra, California

$170,000.00

Asking Price

  • Address: Alhambra,

  • Status: Active

  • Posting ID: 286421

  • 5/4/24

Description

The seller wants to retire after owning the liquor store for 21 years. The store's opening hours are from 12:00 pm to 10:00 pm, and it generated lottery income of $86,145 in 2023, $89,825 in 2022, and $85,819 in 2021. The monthly rent, including NNN, is $2610, for a space of 1275 square feet. Although it doesn't sell groceries, the store has a lot of potential and operates without EBT. It maintains a high margin.

In 2022, the seller reported taxes of $355,542, and in 2023, the reported taxes were $325,701.

The store features a very old 6-door walk-in cooler, which was replaced with a new compressor six months ago. Installing a new working cooler could significantly increase the store's potential.

To get more information about this Liquor Store - Retiring Owner, Short Hours business for sale in Alhambra please phone Steve Kim (Agent - BRE License #:01068216) at 213-880-5688 Cell and 213-880-5688 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286421 on BizBen.com. In addition to phoning Steve Kim, make sure you email Steve Kim above to get more info about this Liquor Store - Retiring Owner, Short Hours, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01068216. Wilshire Realty.

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Contact

  1. Name: Steve Kim
  2. phone iconPhone: 213-880-5688 Cell
  3. phone iconPhone: 213-880-5688 Text

Details

  1. Asking Price: $170,000.00

  2. Down: $70,000.00

  3. Cash Flow: $100,000.00

  4. Revenue:    $340,621.00

  1. Area: Alhambra

  2. City: Alhambra

  1. Attributes:

    Home BasedTraining & SupportSBA Loan Pre-Qualified

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Related Links & Information Regarding This Posting

Email Steve Kim Below About This Posting


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