LIQUOR STORE, MOSTLY LIQUOR BEER WINE, BIG STORE

Orange County, CA
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Asking Price:$599,000
Gross Revenue:$780,000
Established Year:1990
Cash Flow:$160,000
Inventory:$120,000
BUSINESS DESCRIPTION

Large, Busy Liquor Store is selling mainly alcohol. Inventory is estimated at $120,000 (in addition to business selling price). There is a wide variety of Hard Liquor, a Full Range of Wines, and Many Beers in 15 Reach Doors from a Massive Walk-In Cooler. This is a fully loaded Liquor Store. Reasonable hours of operation from 9 AM to 9:30 PM, little later Friday & Saturday, and shorter Sundays. The current owner needs a quick sale due to a death in the family, but the previous owner had the store for over 25 years! Owner is working very part time to place orders and keep books, so they have 4 employees and spend over $6,000 a month for payroll.
Located in prime upscale neighborhood of Anaheim Hills near Yorba Linda. Very good long lease. Extra Income from Lottery about $2,000 per month + ATM Machine + Bitcoin Machine, not counted in stated net income.
Gross Profit Margin: Approx 40%
Utilities: Electric, Water, Gas, Security, Internet $1,700 Monthly Average
Trash: Included in CAM
Store Hours 9am-10pm Fri-Sat, 9am-9pm Mon-Thur, 10am-8pm Sun
ABC Restriction Sales of Alcohol only until 12:00 Midnight Fri-Sat; and 10:00 PM Sun-Thurs
Cash Offers Only. SBA Loan not possible due to lack of 3 years tax returns.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Orange County, CA
Inventory
Not Included in asking price
Employees
4
Facilities
Current owner has upgraded new shelving, gondolas, front counters, new POS barcode scan system with inventory control, added new coolers, updated inventory.
Competition
Not a lot of competition in the area. Very small Circle K store nearby, but not considered competition.
Growth & Expansion
Buyers can extend business hours. There is an ABC restriction for alcohol sales until 12:00 Midnight on Friday and Saturday nights, and currently the store closes at 10:00 PM. Buyer can stay open 2 more hours if you wish on Friday and Saturdays, and an extra hour to 10:00 PM Sunday through Thursday if Buyer wishes. Currently, this store closes at the same time the rest of the strip center closes, all at the same time.
Support & Training
Seller to provide transitional training.
Reason for Selling
Death in Family
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