30+ Year Liquor Store in Nice Neighborhood
- Listing Id: 1609
- Broker Name: Hoke Nagahori
- Category: Liquor Stores
- Asking Price: $199,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $130,000.00
- Inventory: $65,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $600,000.00
- FF&E: N/A
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Redondo Beach
- State: CA
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
30+ Year Liquor Store. Steady, stable business. Attractive, well stocked store in a busy retail strip center. Ample front parking. Nice, safe and clean Redondo Beach neighborhood. The business shows pride of ownership, has a good reputation and loyal following in a friendly, nicer middle class neighborhood. The business is a steady money-maker. The present owner has enjoyed the business for 10 years and is ready for something else. The business offers, lotto and check cashing. Owner says the check cashing profits could really be increased if the buyer has the more cash resources. Cash Flow based upon one working owner. Rent for the approximately 2,250 square feet store is $5,029 per month including CAM and all NNN fees. The lease has about 5 years remaining.
Financial Summary
N/A
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