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  Home > Search Results > For Sale: Liquor Store

For Sale Liquor Store In Riverside Area, Inland Empire, CA

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Contact: Mani Singh, CBB at 951-296-7646, 951-296-7646 - Log In To Message/Email This Contact
Last Revised: 9/9/19. Posting #: 253680
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Premium  High SDC  Absentee Run  
Key Words: liquor, inland empire, riverside, absentee
Financial Info: Price: $475,000. Down: Call. Adjusted Net: $145,000. Gross Sales - Year 2018: $917,200 (Sales do not include Lotto/Lottery Sales). Current Rent: $5,000 Including CAM Charges. Fixed Rent: Rent is fixed at $5,000 with no annual incremental increases till year 2025. Seller is seeking liquidity.
Profile: Great opportunity to own an attractive, 3,800+- sq. ft. in size, well established, semi-absentee owned, employee run, major busy street located, high gross, Liquor store in a desirable community.

Please note, that this stand-alone liquor store is an attractively built business establishment where upon site visit it becomes abundantly clear that seller expended time and resources in its establishment.

Located on a major busy thoroughfare, ensures a high volume of vehicle and foot traffic and a steady stream of clientele. Additionally, this business is strategically located adjacent to residential as well as business communities.

Currently this business is almost absentee owned and employee run, therefore, higher bottom line may be realized by an owner/operator and by controlling payroll related expenses.

Seller allocates about twenty(20) hours per week on this business and conducting operations and managerial duties, consequently resulting in larger than usual payroll related expense.

Material Facts:

Gross Sales Year 2018: $917,200
(Sales do not include Lotto/Lottery Sales)

Business Size: 3,800+- sq. ft.
Current Rent: $5,000 Including CAM Charges
Fixed Rent: Rent is fixed at $5,000 with no annual incremental increases till year 2025.

Seller is seeking liquidity via sale of business.

High gross, high net, low rent, great lease, semi-absentee ownership, well established attractive establishment, potential growth opportunities and a reasonable asking price presents a great acquisition opportunity.

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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Helen Yoo at 626-890-1151   Log In To Message/Email This Contributor
Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
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Contact: Shalonda Chappel at 951-808-3972, 951-808-3972 (Cell)   Log In To Message/Email This Contributor
Profile: Escrow services to brokers & agents, owner/sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services.
Key Words: shalonda chappel-pilgram, town country escrow, escrow, bulk sale, bulk sales, escrows, liquor license transfers, lien search, lien searches, los angeles, orange, riverside, san bernardino, san diego, imperial
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Profile: BizBenNetwork Facilitator Manager Jordan Green (at 925-785-2282) explains the crucial role that business wanted to buy postings on BizBenNetwork play in providing buyers with a voice within the small business marketplace. Included are the best practices for advertising a business wanted posting.
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
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Contributor: Spencer Siegel: BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: business valuation, buying a business, due diligence, liquor license
Profile: Liquor stores, like all small businesses, have their own nuances of ownership. In this BBN discussion, we cover things potential owners/buyers of liquor stores should know and think about in order to find success during the due diligence process and ultimately when running a liquor store business.
Key Words: spencer siegel, facilitator, liquor store, liquor, selling a liquor store, liquor license, buying a liquor store
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