Liquor Store - Santa Barbara
| Asking Price: | $499,000 |
| Inventory: | $125,000 |
| Gross Revenue: | $864,000 |
| Established Year: | 1991 |
Description:
This Liquor Store is conveniently located in just a short drive from the University of California, Santa Barbara (UCSB). This proximity makes it a popular spot for UCSB students, faculty, and staff, who appreciate the easy access to a diverse selection of beverages. The area around the store is characterized by a mix of residential neighborhoods, local businesses, and green spaces. Originally established in 1991 and under current ownership from 2014. This store offers a wide selection of alcoholic beverages, including an extensive range of wines, spirits, beers, and craft brews. Known for its diverse inventory, this Liquor Store caters to various tastes and preferences, ensuring that customers can find everything from rare and premium labels to everyday favorites. Great upside potential for Buyers by extending business hours and adding more diverse inventory to cater young clientele.
Equipment:
Cash Register with scanner, 12-door Walk-in cooler, 15-door Reach-in cooler, Liquor wall shelving, Wine display, Security system with DVR, Cigar Cabinet and much more. A complete list of equipment is available with the Listing Broker.
General Information:
Organization: Corporation | Bldg Size:1,500 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-21 Liquor Lic. (Included & Transferable), Tobacco License | Hours: 7 am – 11 pm (Sun closing @ 10 pm) | Reason for Sale: Other Business Interests |
Lease Information:
Rent: $6,800/m including NNN.
Lease: Current Lease term expiring on June 30, 2031, plus two 5-year options.
Revenue:
~$72,000/Month plus commission income $15,000+/yr from Lottery. (As per Seller, not verified by the Broker)
Financing: SBA/All Cash
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
