$550,000.00
Asking Price
Address: El Monte,
Status: Active
Posting ID: 293198
6/13/25
Description
Free-standing building. Seller wants to retire after owning the liquor store for 26 years. Short business hours: 8:00 AM–9:00 PM, and 9:00 AM–7:00 PM.
Average gross sales: $30,000/month.
Check cashing volume: $2.5M–$3M/month with 1.25%–1.5% fee.
Lottery income: $2,500/month.
Margin: 35%.
Employee hours: 8:00 AM–11:00 AM (opening), 6:00 PM–9:00 PM (closing).
Employee responsible for check cashing has worked for 30 years.
Employee pay: $3,200/month.
Store size: 3,000 sq. ft.
Rent: $3,400/month.
Free-standing building with lots of potential.
Bank charges: $5,000–$8,000/month.
To get more information about this Liquor Store - Short Hours, High Net, Check Cash business for sale in El Monte please phone Steve Kim (Agent) 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 #293198 on BizBen.com. In addition to phoning Steve Kim, make sure you email Steve Kim above to get more info about this Liquor Store - Short Hours, High Net, Check Cash, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01068216. New Star Realty & Investment.
Contact
Details
Asking Price: $550,000.00
Down: $150,000.00
Cash Flow: $400,000.00
Revenue: $360,000.00
Area: El Monte
City: El Monte
Attributes:
My Notes About This Listing
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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.
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
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
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.
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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.
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