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Tustin, Orange County, California
Asking Price
$59,000
Revenue
$450,000
Down
$59,000
Cash Flow
$72,000
Year Established:
2006
Employees:
3
Reason for sale:
Retirement
Support & Training:
2 weeks training after closing of escrow. Franchisor will train buyers
Size in Square Feet:
1,200 sqft
Lease Terms:
5 year New lease
Lease Options:
$6,000
Posting ID:
2682850
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Bakery
Attributes:
Existing Franchise
Semi Absentee Run
Training And Support
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Available for sale is a well-established Liquor Store situated in the heart of Long Beach, California. This business is currently operated on an absentee basis and has been under the same ownership for 20 years, demonstrating its stability and sustainability. The store spans a considerable 2,000 square feet, providing ample room for a broad selection of inventory. It boasts the added benefit of spacious direct parking, a significant convenience for patrons that enhances the overall shopping experience. The business is currently positioned on the market with an asking price of $1.1M, excluding the inventory, which is estimated to be worth around $200K-$250K. Downpayment $800,000 is needed. $500K SBA LOAN WILL BE POSSIBLE FOR QUALIFIED BUYERS. Monthly rent for the premises is $8,039, a figure that includes CAM charges. Monthly average lotto commission is $2,750. This is a fantastic opportunity to take over a flourishing retail business in the Liquor Store category, located in the bustling Los Angeles County. For more information on this exciting business proposition, please contact the broker, Joey Kim, 213 255 1478 directly.

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