Liquor & Deli (Huntington Beach)  $349,000

The gross sales: around $65,000 per month
Net income: around $14,000
Asking Price: $400,000 plus inventory, It is between 50k to 100k. The asking price does not include inventory, which will be counted before COE by third party.
Building: 2,452 sq ft Land Area: 5,706 sq ft Parking: 5 +
Lease: $6,500 monthly rent plus NNN fee. 10 years plus 2 five-year options
This store is located 2 short blocks from beach, just around 800’ from the sand. This building is remodeled inside out completely in 2017 & 2018 and with new business equipment. This c-store started the business in mid 2018. The monthly sales after grand opening are between $55,000 and $90,000. New owner should be able to grow the business with sufficient advertisement. Due to the health issues, the seller decided to sell this business.
Yes, it is absentee owner operation. Owner has reliable employees there. Owner makes sure the inventory level OK and take care of the account payable.

This store had soft opening since 03/31/2018 and grand opening in mid-May, 2018.

Due to the health issues, owner sold the real estate property of Northside Market and leased it back in December 2019. So, the rent listed in the financial statements shows owner's mortgage payment before he sold the real estate property (Owner paid himself and listed as rent).

The training can be arranged after COE or after all buyer's contingency being removed during escrow. Seller is very motivated to sell this business now. New owner should be able to increase the sales with better management and advertising.

abc  type 21 off-sale-general license.

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