Liquor Store - Beach Area, High Margins

This is a liquor and wine shop for sale in North Los Angeles County, CA. The shop has been established for over 30 years and 4 years for the current owner. 2 full time employees and the owner works. It is a Semi-Absentee run. Business has been SBA Pre-Qualified For Business Purchase Financing. Lease is 5+5 years available, 1800 sq. ft. Can increase sales by extending business hours and owner's direct management. Huge high-income residential neighborhoods around. No near competition. Training for 2 weeks. Selling as it is hard to manage because the owner has short manpower and is burnt out. Hours of operation are10:00am -08:00pm (Mondays-Thursday) 10:00 am -9:00 pm (Friday, Saturday). Monthly sale is 110k-120k Monthly extra income from Lotto/Scratcher $5,000/M. Annual Adjusted Net Income - the owner takes home 192,000 avg. after expenses and plus extra income from lotto and scratchers.

Presenting an exceptional opportunity to own a high-volume liquor store located at a bustling intersection in Los Angeles, California. This thriving business boasts higher margins than its competitors, providing a significant advantage in this competitive retail sector. Its strategic location in one of the busiest areas of the city ensures a steady stream of customers and consistent revenue. This liquor store operates with a reasonable lease, which is a major asset considering the prime location. It is currently staffed by three dedicated employees (two full-time and one part-time), which allows the owner to work part-time, primarily handling paperwork and administrative tasks. The existing staffing structure provides a seamless transition for a new owner and presents an opportunity for further growth if desired. For buyers seeking a proven business model, this liquor store offers a robust revenue stream and excellent growth potential. The high volume of sales and superior profit margins contribute to its strong financial performance, making it a solid investment for both first-time and experienced business owners. Included in the sale are all assets associated with the business, providing a turn-key solution for the new owner. The seller is committed to ensuring a smooth transition and is willing to provide support and training if necessary. Don't miss this rare opportunity to own a profitable and well-established business in the heart of Los Angeles. Contact broker Norman Kim at nhoonkim1212@gmail.com or call +12137000720 for more details. Act now to secure your future in an industry that continues to show impressive resilience and growth.

1. Monthly Adjusted Net Income - owner takes home 10,000 avg. after expenses 2. Asking Purchase Price : 160,000 3. Terms - Structure Of The Deal? Down? Will The Owner Carry? Note Terms? : SBA Loan is available with 30% down 4. How Long Established? When Established? When Did The Current Owner Purchase It? : It has been established for over 25 years and 6 years for the current owner 5. Number Of Employees? FT? PT? Does The Business Have A Key Manager In Place? : No employee at this moment 6. Is The Business Run Absentee or Semi-Absentee? Is It: Home Based? An Asset Sale? Relocatable?: No 7. Is Real Estate Part Of The Purchase? Could It Be Part Of The Deal?: No 8. Has The Business Been SBA Pre-Qualified For Business Purchase Financing?: Yes 9. Lease Terms - Years Left, Options Available?, Sq. Ft.?, Describe The Space : New 5+5 years available, 1100 sf 11. Who Are Their Clients? : 100% Hispanic 12. Is The Business Computerized? Do They Track Clients? Send Out Promotional Materials? No 13. Opportunities For Growth? What Can A New Buyer Do To Increase Business/Revenues? : Can increase sale by adding more inventory 14. Describe The Area The Business Is Located In. Be Descriptive. : Mixed with residential & commercial, huge Hispanic residential surrounded 15. What Competition Does The Business Have? :No near competition 16. Will Training Be Provided To The New Buyer? Describe The Training, Length Of Time, etc. : Yes for 2 weeks 17. Reason For Selling: Health? Retirement? Another Business? Divorce? Burned Out : owner has health issue and burned out 18. Hours Of Operation: M-F, Sat, Sun? 9:00am -10:00pm(M-Thurs, Sun) 9:00 -11am (Fri, Sat)

This store is located close to the famous beach area in the South Orange County. It is rare opportunity to own the store which has been managed successfully over 10 years by the one owner, now the owner is tired since he lives too far from the business. It has very reasonable rent. Nice front parking and short business hour ! A loyal customers ! Higher margin than other stores !

This is a busy liquor store in the South Bay area for sale! There is enough room of 4,100 sf to add up more inventory to increase sales. The rent is reasonable and it makes very good extra income from the lottery and scratcher. The reason to sell are due to the health issues of the owner and the owner wants to retire. The store is located on a busy intersection with a huge residential area behind. It has ample parking space for the customers. The new lease 5 year + 5 year option is ready for the new owner !

This rare chance to own a business and becomes a landlord at the same time ! First time in the market for the profitable liquor store for sale and the owner wants to retire! It is located on the street section of  high traffic commercial area, spacious side parking with good store visibility. The owner managed very well inside and can be expanded to more space of items. Please sign the NDA and send it back to me for the details !

Liquor store for sale Compton, CA. Annual Adjusted Net Income - owner takes home 10K avg. after expenses. Asking Purchase Price: 330,000. SBA Loan is available with 30% down. It has been established for over 20 years and over 10 years for the current owner. 1 full time, 1 part time. Semi abstentee. 2+5 years plus 3yrs extension available, 1900 sq. ft. Can increase sale by adding more inventory and owner's direct management. Huge residential around. 2 weeks of training. Hours Of Operation: 8:00am -11:00pm(M-Thurs) 8:00 -2am(Fri,Sat).

This liquor store has been operated by the current owner for over 15 years, is very well organized, and lot of potential to increase sales with added inventory. The current owner works part-time and wants to retire due to health reasons, very reasonable rent with a long-term lease condition, front parking, surrounded by a mix of a commercial and residential area, and good lotto income as extra (not included in monthly sales), perfect store for family running buyers!