Liquor Store near Cal St Fullerton

Placentia, CA
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Asking Price:$135,000
Gross Revenue:$396,000
Rent:$6,500
Cash Flow:$84,000
Inventory:$40,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Placentia, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Facilities
1200 sf. Plenty of front parking
Competition
Not much competition. Close to Cal St Fullerton
Growth & Expansion
Room to grow with more inventory and remodel
Support & Training
Seller will provide training.
Reason for Selling
Need to take a vacation
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Jack Oh