Liquor Store near Cal St Fullerton
Asking Price: | $135,000 |
Gross Revenue: | $396,000 |
Rent: | $6,500 |
Cash Flow: | $84,000 |
Inventory: | $40,000 |
MONTHLY GROSS: $33,000
MONTHLY RENT: $5,000+$1500 NNN
LEASE TERMS: 3 YRS.
STORE SIZE: 1,200 SF.
OPEN HOURS: 9AM-11PM
EMPLOYEES: OWNERS
OWNER SINCE: 2015
REASON FOR SELLING: MOVING OUT OF STATE
FINANCING: 50% DOWN, 50% BANK LOAN.
NOTE: LOCATED CLOSE TO CAL STATE FULLERTON.
OWNER IS TIRED AND READY TO SELL.
CLEAN ABC LICENSE. 45% PROFIT MARGIN.
POTENTIAL TO INCREASE BUSINESS.
NOT MUCH COMPETITION.
NET INCOME: $7,000/MO.