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Established Liquor Store in Van Nuys

BizEx345-RD

Background

General Location:Van Nuys, CA
Category: Convenience Stores
Liquor Stores
Years in Business:11
Under Present Owner:>1
Hours of Operation:M-Sun.
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2018
Lease Options:
Building Size:1,600
Employees:2
Reason for Sale:Health Reasons

Financials

Asking Price:$99,000
Down Payment:Negotiable
Gross Sales:$236,920
Discretionary Cash Flow:$48,000
FF&E:$35,000
Inventory Included?
Inventory:$67,000
Min. Operating Capital:
Real Estate Available?No
Rent:$1,635
Payroll:$1
Financing:Call

2011 Feb - Aug. 2011 2010 2009
Gross Sales $ 131,644 $ 259,000 $ 440,592
Gross Profit $ $ $ 228,224
Disc. Earnings $ $ 87,000 $ 149,626

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Robert Dean
Business Broker
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 122
Direct: (310) 793-6757
Lic#: 01720308