$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.
Contact
Details
Asking Price: $170,000.00
Down: $70,000.00
Cash Flow: $100,000.00
Revenue: $340,621.00
Area: Alhambra
City: Alhambra
Attributes:
My Notes About This Listing
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Cash flow
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Revenue
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Down
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Down
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Down
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Down
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Down
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Cash flow
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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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.
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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
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