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For Sale: Liquor Store - No Competition, Absentee Run - West Hollywood, California

$900,000.00

Asking Price

  • Address: West Hollywood,

  • Status: Active

  • Posting ID: 285647

  • 4/18/24

Description

Situated in the vibrant West Hollywood area, this hot location boasts a 100% absentee-run operation with a high margin of 45%. Previously achieving monthly sales of $120,000 in 2023, which surged to $200,000 per month during the pandemic, this establishment operates from 10:00 am to 12:00 am with no EBT.

With a product mix of 50% wine, 40% liquor, and 10% grocery, spanning a store size of 1,800 square feet with an upstairs section, the lease offers 5 years plus 5 years options at a monthly rent of $9,200, inclusive of NNN. Positioned as the premier online selling venue in the vicinity, it faces no competition, although its current staff lacks proficiency in online sales despite previously holding the top position in online sales within the area.

To get more information about this Liquor Store - No Competition, Absentee Run business for sale in West Hollywood 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 #285647 on BizBen.com. In addition to phoning Steve Kim, make sure you email Steve Kim above to get more info about this Liquor Store - No Competition, Absentee Run, 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: $900,000.00

  2. Down: $350,000.00

  3. Cash Flow: $200,000.00

  4. Revenue:    $1,400,000.00

  1. Area: West Hollywood

  2. City: West Hollywood

  1. Attributes:

    Absentee RunTraining & 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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