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Business for sale in USA - Profitable Liquor Store in Santa Monica

Asking Price: 375,000 $ US Real Estate: Lease
Sales Revenue: 540,000 $ US
Net Profit: 75,000 $ US
Year Established: 1958
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
USA/California/Santa Monica

Business types:

Retail

Business categories:

Liquor Stores

Business description

This liquor store is located on one of the busiest streets in Santa Monica. Store stocks high quality, high margin wines and variety of expensive, hard-to-find beer brands from all over the world. Nice, safe area with great visibility from the street. Nearby recreation areas, schools, office buildings provide a stable customer base. Low rent, lease is good until 2026 including options. It has lotto, cigar collection, ATM fees and phone cards for extra income. Owner recently upgraded the store with bright signage, outside painting, and lots of inventory to attract countless cash spending, upscale customers in the area. Seller willing to carry a note on the whole inventory.

Additional information

Additional information: Not Disclosed
Support & training: 2
Reasons for selling: Pursue other interests
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 $ US
Location: Not Disclosed

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