Last Revised: 9/10/19. Posting #: 250634
Key Words: liquor, tulare, porterville
Financial Info: Price: $399,000. Down: Call. Adjusted Net: Call. Asking price includes Business & Real Estate. Gross Sales: $35,000/month Plus Commission Income (Lotto, Rebates). Financing: All Cash. SBA Loan.
Profile: Located on one of the main streets in Potterville, which is situated at the foothills of the Sierra Nevada Mountains. Potterville is known for their citrus distribution. Porterville Citrus Inc operates 6 packinghouses throughout Tulare County, & packs approximately 12 million cartons of citrus each season from the produce of local farms. Industrial warehouses like Wal-Mart Distribution Center, National Vitamin, Beckman Instruments, Standard Register, & Sierra Pacific Apparel are few of the major employers in this area. The Army Corps of Engineers Lake Success Facility, Porterville College, & Kern Community College District also play a significant role in the community of Porterville. Great opportunity to expand business, since you own the property. Surrounded by residential housing, which will bring in much foot traffic to the market. Very well organized, & carries a variety of products. Owner is selling the business due to health hardship, & can no longer operate the business to the best of his abilities.
Equipment: 11-Door Walk-In Cooler, Main Counter, Ice Maker, Ice Cooler, 3 Compartment Sink, Cash Register, Security Cameras w/ DVR & Monitor, Gondola Shelving, Cappuccino Machine, Hot Dog Machine, Coffee Maker, Price Gun, and Much More. A full list of equipment is available with the Listing Broker.
Organization: Sole Proprietor | Building Size: 1800 sq. ft. & Lot Size: 10,000 sq. ft. | Licenses Required: City Bus License, Health Permit, SBOE, Tobacco, ABC Type-21 (Included & Transferable) |
Hours: Daily 7am - 9:30pm | Reason for Sale: Health Hardship.
Rent: N/A (Asking price includes Business & Real Estate)
Gross Sales: $35,000/month Plus Commission Income (Lotto, Rebates)
All Cash | SBA Loan
For more details, please complete, sign and return the NDA (Confidentiality Agreement).
We obtain the information in this marketing package from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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
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
View All Related Resources & Advisors For This Posting
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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Business Valuation Expert and CPA John Byrne explains how business owners need to have accurate and timely financial statements in order to manage, grow, and ultimately sell their business. The emphasis should be on generating the financial statements to serve all users of the financial data.
Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
Profile: BizBenNetwork Manager Jordan Green explains the importance of keeping the potential sale of a business confidential and provides business owners with helpful ways to successfully keep their business’s sale a secret, as well as the consequences for disclosing a business’s sale prematurely.
Key Words: confidential, confidentiality, selling a business, non-disclosure agreement, business owner, owner/seller, owner seller, seller, qualified buyer, business broker, business brokers, nda, jordan green
Profile: Many business owners wonder if there is ever a perfect time to sell their business. Should you sell your business now or wait until your business is more profitable/valuable? BizBenNetwork Senior Facilitator Manager Jordan Green explores this complicated question for business owner/sellers.
Key Words: jordan green, profit, profits, profitable, selling your business, sell a business, business owner, value, valuable, business value, profitable business
View Related Blog Posts For This Posting
Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
Related Discussions For This Posting
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
Comments & Replies: 10 Topics: broker cooperation, business brokers, buying a business, for sale by owner, pocket listings, selling a business
Profile: What percentage of businesses for sale that are advertised and/or sold are pocket listings? What is the best way to find out about pocket listings? Are they advertised? Are they a big part of the businesses sold marketplace? In this Discussion on BBN multiple brokers, agents, BBN Members weigh in.
Key Words: pocket listings, open listings, pocket listing, peter siegel mba
View All Discussions
Comments & Replies: 11 Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers