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Liquor Mart (Buena Park) $295,000

Picture
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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    This  information is from seller not verified or confirmed by kibomrealtor.com(Credent Realty).  It is buyer's responsibility and duty to check and verify the accuracy of the seller's representation as to the business opportunity. The buyer agrees and acknowledges that the buyer will not claim or sue kibomrealtor.com (Credent Realty) or its agents regarding the business after he/she purchases. It is once again emphasized that the buyer must verify the business information.  For your convenience we don't require you to come to our office to sign NDA form. Instead you can just check "AGREED AND ACCEPTED" below After reading the Non-disclosure Agreement. After that we will send you the information which include address and name. If you want to purchase the business that we send the information for, you must purchase it through kibomrealtor.com within a year from the date that this E-mail sent. ) You hereby promise to trade only through Ki Bom Kim real estate deals with real estate information obtained through KI BOM Kim.  You will pay $12,000 + cost if you deal directly with the seller or the landlord without or not through Ki Bom Kim using real estate information obtained through Ki Bom Kim. You will not raise objection on this matter.
    You must also not discuss the contents of the listing or information that the E-mail contains with anyone who was not the intended recipient. The information is highly sensitive.  By the way It highly recommend that you visit the business first and you will most likely yield a better result that expected.
    "Do not talk to owner and employees."
    첨부 한 비즈니스 정보는kibomrealtor.com(Credent Realty)에서 확인하거나 확인하지 않은 정보이며 셀러로 부터 받은 정보를 보내 드리는 겁니다. 구매자는 비지니스 정보에 대해서 본인의 판단에 의해 이 정보를 확인해야합니다. 구매자는 구매자가 구매 한 후에 kibomrealtor.com (Credent Realty)또는 에이전트를 사업에 관해 어떤 보상도 청구하거나 고소하지 않을 것에 동의하고 인정합니다. 구매자가 비즈니스 정보를 확인해야 한다는 사실이 다시 한 번 강조됩니다. 저희는 귀하의 편의를 위해 NDA 양식에 서명하기위해 우리 사무실에 오시라고 요구하지 않습니다. 대신정보를 드리기전 NDA계약서를 읽으신 후 동의 함을 인정 하시기 바랍니다 그 후에 주소와 이름을 포함한 정보를 보내드립니다. 정보를 받으신 후 받으신 정보의 사업체를 구매하려면동의 한 날로부터 1년동안은 kibomrealtor.com(Credent Realty)을 통해서만 구입해야합니다. 또한 이메일의 내용이나 예정된 수혜자가 아닌 사람과 정보를 교환하지 않기를 동의합니다 보내드릴정보는 대단히 값어치가 있는 정보라고 저희는 믿고 있습니다.
    "Seller 나 종업원 하고 말씀 하지 마세요."

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