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BUSINESS FOR SALE - PROFILE #  01984983JH

LIquor, High Volume, Low Rent and Long Lease, SBA.
Long Beach, CA

Asking Price: $293,000   Down Payment: $293,000  
Gross Revenue: $600,000   Adj. Cash Flow*: $132,000  
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Executive Summary
*Monthly gross: $50,000 
*Monthly rent: $3,200
*Lease terms: 5 + 5years option
*Store size: 2,000 sq. ft.
*Open hours: 7:30am - 9:30pm daily
*Extra income: lottery: $24,000(annually)
*Densely populated
*Parking in front street 
*Entrance from front
*Short open hours with potential to increase sales with longer open hours.
*No condition on license.

Acquisition Highlights

  • *Monthly gross: $50,000 *Monthly rent: $3,200 *Lease terms: 5 + 5years option *Store size: 2,000 sq. ft. *Open hours: 7:30am - 9:30pm daily *Extra income: lottery: $24,000(annually) *Densely populated *Parking in front street *Entrance from front *Short open hours with potential to increase sales with longer open hours. *No condition on license.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1995 Inventory: $50,000
Furniture, Fixtures & Equipment: $100,000 Included
Lease/Rent: $3,200 Real Estate:
Building Sq Ft: 2000
    Total Assets Included in Sale: $200,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jonathan Hwang
Phone:  (562) 402-2686
Fax:  (562) 809-3398
Other:  (714) 510-0248
E-mail:  Jonathanvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd., Suite 195
Artesia, CA 90701
www.bizbizbiz.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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