Hi Volume Liquor Store in Burbank AD# L489
MONTHLY GROSS: $140,000 MONTHLY RENT: $4,310 LEASE TERMS: 4+5 STORE SIZE: 2,600 SF. OPEN HOURS: 8AM-2AM EMPLOYEES: 2 FT, 17 PT. WAGE: $20,500/MO. EXTRA INCOME: $600 LOTTERY, $80 ATM. REASON FOR SELLING: SAME OWNER SINCE 2002. LOOKING TO TRY SOMETHING DIFFERENT. NOTE: HIGH VOLUME LIQUOR STORE SPECIALIZING IN MAKING DELIVERIES. 50% IN STORE SALES AND 50% DELIVERY. GOOD PROFIT MARGIN AT 38% CURRENTLY USING IN-HOUSE DELIVERY AND 3RD PARTY CO. REASONABLE RENT. DENSELY POPULATED AREA. NET INCOME: $12,500/MO. ASKING PRICE: $499,000+INV. (+-120K)
Note
HIGH VOLUME LIQUOR STORE SPECIALIZING
Wage
$20,500/MO.
Employees
2 FT, 17 PT.
Net Income
$12,500/MO.
Open Hours
8AM-2AM
Store Size
2,600 SF.
Lease Terms
4+5
Extra Income
$600 LOTTERY, $80 ATM.
Monthly Rent
$4,310
Monthly Gross
$140,000
Property Status
For Sale
Reason for Selling
SAME OWNER SINCE 2002.
Financials
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