Liquor Mart (Buena Park) $295,000

Gross sales 2019 average was $57,000/month. ($55K-66K/month) excluding lottery comms which was about $40K/year.
Net income 2019 average was $13,000/month. ($11K-18K/month)

The lease is fixed for $6,498.08/month including all utilities except electrics. We still have 10 years options.

Please note this is CASH business with ~ $45K-50K cash/month.
YEAR ESTABLISHED:  2008
FULLTIME EMPLOYEES:  2
PART TIME EMPLOYEES  1
Welcome to your well established Liquor Convenient store in Buena Park, near many attractions including Knott Berry Farm, shopping malls, freeway 5 and 91...Store is at corner and located on one of the most busiest streets in Buena Park City. DON'T MISS this golden opportunity for be your own boss with great and stable income source! Very high Return of Investment rate. Selling price includes license type 21 alcohol (all type of liquors, no restrictions), tobaccos, lottery business, customer data base... Business has 10+ walking-door coolers, stand-along coolers, ice-cream cooler, ATM machine inside, Key-maker machine, Lottery service, tobacco service, snacks, soft-drinks, 10+ surveillance cameras. This recently remodeled liquor store has its own restroom, office room, inventory room and many more... ~1,900 sqft space, more than 60+ parking spaces and 3 reserved parking spot for the Liquor store in the front. Store opens 7 days a week with royal customers coming back everyday. Great lotto income, fixed lease including utilities except electricity... PLEASE DO NOT disturb employees.

1) The fixed lease end date and terms - Lease end date was October 2019. Landlord is willing to renew the lease.
2) Details of the 10 year lease option -Terms 5+5 years options. Recommend to get new lease with landlord.
3) Is the current lease assumable - Yes.
3) Please provide breakdown of store size: sales and storage sq feet (1900 square feet is total store size including sales,storage and office?) - Yes, 1,900sqft includes all storage and office. Will have the map of the site once we have offer submitted.
4) Details of what leasehold improvements the owner(s) has made - Owner recently remodeled the store with new racks, new software at cashier stations last year.
5) Owner(s) working hours per day/week - Owner works about 8-9 hours per day.
6) Employees hours per day/week - 2 employee's came at 8PM everyday until closing. 10PM on weekday and 11PM on weekend.
7) Are any of the employees related to the current owner(s) - No, they are not.
8) Are current employees willing to stay on with the new owner - Yes, they are.
9) Any equipment leased or provided by supplier/vendor - No.
10) If possible, sales percentage based on category: hard liquor, beer and wine, etc.  

Foods: 7.1%
Liquor and beers: 68.7%
Non-liquor: 10.1%
CRV: 1.7%
Lottto: 12.4%

Inventory $40k to $50k$
The seller decided to sell because of family reason. He has more kids now and wants to spend time with them.
Please note that this store generates a lot of cash $45-50K cash per month average.

is the business strictly Cash? => mostly but not strictly. $45-50K cash per month average.
who manages the inventory? => The owners manages the inventory.
is armed robbery an issue?  => No, owners said they haven't experienced any armed robbery until now fortunately.

​Do not talk to the owner and employees.
​No Co-op brokering.

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