Liquor Store in Victorville - Employee Run

Victorville, CA
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Asking Price:$220,000
Gross Revenue:$480,000
Rent:$2,865/Month
Cash Flow:$102,000
Inventory:$100,000
BUSINESS DESCRIPTION

MONTHLY GROSS: $40,000
MONTHLY RENT: $2,865
LEASE TERMS: 7 YEARS
STORE SIZE: 2,200 SF.
OPEN HOURS: 8AM-10PM
EMPLOYEES: 2 FT, 1 PT
WAGE: $6,500/MO.
EXTRA INCOME: LOTTERY $2,000, ATM $1,000, ONLINE BILL PAY $1,000
OWNER SINCE: 2009
REASON FOR SELLING: TOO BUSY WITH OTHER STORES.
NOTE: EMPLOYEE RUN STORE.
LOCATED ON A MAJOR STREET NEXT TO FREEWAY.
NOT MUCH COMPETITION. CLOSE TO MOTEL/HOTELS.
45% PROFIT MARGIN. POTENTIAL FOR OWNER-OPERATOR.
NET INCOME: $8,500/MO.


DETAILED INFORMATION
Location
Victorville, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,200
Employees
3
Facilities
2200sf. next to freeway and hotels
Competition
Very little competition
Growth & Expansion
Growing area. Potential for owner-operator. Same owner since 2009
Support & Training
Seller will train
Reason for Selling
Retiring
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Jack Oh