Liquor Store - Low rent & long lease, Potential.
Asking Price: | $199,000 |
Gross Revenue: | $420,000 |
FF&E: | $50,000 |
Cash Flow: | $60,000 |
Inventory: | $90,000 |
Established Year: | 2000 |
This well-established liquor store is ideally situated in the vibrant neighborhood with ample parking in Whittier, CA.
It boasts a loyal customer base from the surrounding community. No Condition on the license and hands-on management alongside dedicated employees, the current owner has decided to sell because of medical issue. This presents a fantastic opportunity for a new owner to take over a thriving business in a bustling area.
Monthly Avg gross: $35,000
Monthly rent: $4,730
Lease terms: 5 Years Plus 5 years option.
Store size: 1,800 sf.
Open hours: 8am-11pm
Extra income: $1,700 lottery, $1,000 Atm & Ria.
Financing: cash only