Buy Liquor Store in Los Angeles - Fine Wines & More
Home / Listing / Buy Liquor Store in Los Angeles - Fine Wines & More
This listing is: Off Market
Background
| BizEx ID: | BizEx598-AK |
|---|---|
| General Location: | los Angeles, CA |
| Category: |
Liquor Stores Other Food Stores |
| Years in Business: | 58 |
| Under Present Owner: | 6 |
| Hours of Operation: | 9am-11pm 7 days |
| Owner Hours: | varies |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | sole proprietor |
| Lease Expiration: | 5/31/2015 |
| Lease Options: | 1 five year |
| Building Size: | 1,200 |
| Employees: | 2 |
| Reason for Sale: | moving out of LA |
Financials
| Asking Price: | $499,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $918,604 |
| Discretionary Cash Flow: | $233,738 |
| FF&E: | $65,000 |
| Inventory Included? | |
| Inventory: | $130,000 |
| Min. Operating Capital: | $14,000 |
| Real Estate Available? | No |
| Rent: | $6,198 |
| Payroll: | $2 |
| Financing: | Call |
| 2012 | 2013 | |
|---|---|---|
| Gross Sales | $ 663,071 | $ 780,071 |
| Gross Profit | $ 302,075 | $ 327,075 |
| Disc. Earnings | $ 190,162 | $ 208,792 |
