Established Liquor Store in Van Nuys
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Background
| BizEx ID: | BizEx345-RD |
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| General Location: | Van Nuys, CA |
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| Category: |
Convenience Stores
Liquor Stores
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| Years in Business: | 11 |
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| Under Present Owner: | >1 |
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| Hours of Operation: | M-Sun. |
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| Owner Hours: | |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2018 |
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| Lease Options: | |
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| Building Size: | 1,600 |
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| Employees: | 2 |
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| Reason for Sale: | Health Reasons |
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Financials
| Asking Price: | $99,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $236,920 |
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| Discretionary Cash Flow: | $48,000 |
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| FF&E: | $35,000 |
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| Inventory Included? | |
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| Inventory: | $67,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $1,635 |
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| Payroll: | $1 |
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| Financing: | Call |
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|
2011 Feb - Aug. 2011 | 2010 | 2009 |
| Gross Sales |
$ 131,644 | $ 259,000 | $ 440,592 |
| Gross Profit |
$ | $ | $ 228,224 |
| Disc. Earnings |
$ | $ 87,000 | $ 149,626 |
