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Redwood City, California
Liquor Store
1 result for "Liquor Store" businesses in "Redwood City, California"
Redwood City, California
Liquor Store
1 result for "Liquor Store" businesses in "Redwood City, California"
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Redwood City, California
Liquor Store - 5 Stars, Fantastic Opportunity
$ 279,000
This is a five-star liquor store and a fantastic opportunity to own this clean store with internet access with Uber or delivery. The seller claims average store and internet (online) sales which were recently established is $800,000 at a 40% average margin. There is room for another addition of business. The lease is 14 years, rent $ 4,500, including NNN. The size of the store is 2,200 sq. ft with three parking lots.
Recommended Brokers
California liquor store valuations are heavily influenced by ABC license type and local moratorium status. Type 21 off-sale general licenses (full spirits) are significantly more valuable than Type 20 beer-and-wine licenses. In moratorium markets — including many neighborhoods in Los Angeles, San Francisco, and Sacramento — existing ABC licenses can be worth $200,000 to $1M+ separately from the underlying business, as no new licenses are being issued. Most California independent liquor stores under $2M trade at 2.5x to 4x seller's discretionary earnings plus inventory at cost. License transfer in California typically takes 60-120 days through the ABC and requires escrow. High-volume urban locations in Los Angeles, Oakland, and Fresno generating $75,000 to $120,000+ in monthly gross sales are among the most sought-after opportunities on BizBen.
California remains the largest and most active state for liquor store acquisitions in the country.
Thinking about selling your liquor store? BizBen connects sellers with qualified buyers and experienced brokers who understand California ABC licensing, escrow, bulk sale transfer requirements, and inventory valuation.