Liquor Store, Grocery, Lotto & Snack Bar

Home / Listing / Liquor Store, Grocery, Lotto & Snack Bar

Background

BizEx ID:BizEx413-MS
General Location:Bakersfield, CA
Category: Convenience Stores
Liquor Stores
Years in Business:26
Under Present Owner:4
Hours of Operation:M-Sun 9 am-9 pm
Owner Hours:call
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:3,000
Employees:1
Reason for Sale:family issues

Financials

Asking Price:$199,000
Down Payment:Negotiable
Gross Sales:$650,000
Discretionary Cash Flow:$90,000
FF&E:
Inventory Included?
Inventory:$60,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,500
Payroll:$2
Financing:Call

2010
Gross Sales $ 650,000
Gross Profit $ 200,000
Disc. Earnings $ 90,000




Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations