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VR Business Brokers - Artesia, CA
17100 Pioneer Blvd., Suite 195
Artesia, CA 90701
(562) 402-2686
www.bizbizbiz.com
Jonathanvrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Blvd., Suite 195
Artesia, CA 90701
(562) 402-2686
www.bizbizbiz.com
Jonathanvrbb@gmail.com

Business Listing Details

LISTING#:
01984390JH

G0000: Liquor Stores
LIQUOR STORE, 6 DAYS PER WEEK, GOOD LOCATION
LOCATION: LAWNDALE
  
ASKING
PRICE

$68,000
AMOUNT
DOWN

$68,000
REVENUES:
  
DISCRETIONARY
EARNINGS

TOTAL
ASSETS

$70,000
Street Center liquor store with high profit margins and limited liquor store competition area. Same owner for thirteen years and Monthly rent at $1,500 fixed for next 5 years with a 5 year option to extend. Extra income from lotto: $1,000 per month and ATM fees: $150. Business hours; 12pm to 9pm (potential to grow by adding more business hours and opening 7 days a week instead of just 6 days, adding EBT, adding Credit Card... these things may grow income?). Current owner is tired and not motivated to run the business anymore. 
Sold as "Asset Sale" and has growth potential for new owner.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  Jonathan Hwang
Phone:  (562) 402-2686
Cell:  (714) 510-0248
E-Mail:  Jonathanvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd., Suite 195
Artesia, CA 90701
www.bizbizbiz.com
Listing Number:  01984390JH