Last Revised: 9/9/19. Posting #: 256106
Key Words: liquor, market, fontana, inland empire, san bernardino
Financial Info: Price: $75,000. Down: Call. Adjusted Net: $45,322. Annual Revenues: $376,464. Seller will finance inventory portion of the sale for a qualified buyer.
Profile: Great opportunity to own a 2,700+- sqft in size, well established, major busy street located, Liquor Store and Market in the City of Fontana, County of San Bernardino.
Please note, that location on a major busy street ensures a high volume of vehicle and foot traffic and a steady stream of clientele to this business.
Additionally, this business is strategically located adjacent to residential as well as business communities.
Seller believes that a well-capitalized buyer may realize revenue growth by adding inventory to this business establishment. Sellers limited ability to add required levels of inventory have caused sales to decline to its current levels.
Potential Revenue Growth for new owners is possible by adding additional revenue streams as the current ownership Does Not offer the following services:
1) Check Cashing
2) Wire Transfer
3) Money Orders
4) Water Machine Sales
5) Lotto & Scratcher
Sellers is offering this business establishment for sale after about five(5) years under current ownership at retirement age.
Seller will finance inventory portion of the sale for a qualified buyer.
Well established, potential growth opportunities, seller financing and a reasonable asking price presents a great acquisition opportunity.
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: 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
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
View All Related Resources & Advisors For This Posting
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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Southern California business broker Joe Ranieri provides business owner/sellers with helpful tips for interviewing and selecting a business broker. Included are things to look for when speaking with business brokers to determine if they are the best candidate to help you sell your business.
Key Words: business broker, business brokers, broker, brokers, sell a business, selling a business, sell my business, joe ranieri
Profile: It is every buyer’s dream to purchase an absentee owner business that allows them to collect a sizable paycheck without requiring any work. Is this a realistic expectation for business buyers? Is there such thing as 100% absentee business ownership? Jordan Green explores this popular topic.
Key Words: absentee, absentee owner, absentee ownership, semi-absentee, business owner, jordan green
Profile: In most business transactions, the seller compensates their business broker upon the successful sale of their business. The fees/commission are specified in the listing agreement, including the amount, who pays it, when it's paid, and the expectations of the broker. BBN's Jordan Green explains.
Key Words: broker, brokers, business broker, business brokers, broker fee, escrow, listing contract, negotiation, business for sale listing, up-front fees, broker cooperation, brokerage, seller, business owner, jordan green
View Related Blog Posts For This Posting
Profile: Customers and potential business buyers can learn a lot about a business simply by its appearance. BBN Manager Jordan Green discusses the importance of curb appeal and how properly maintaining a business can not only add to its value, but also improve its ability to sell when the time comes.
Key Words: selling a business, curb appeal, jordan green
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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.
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Key Words: sell a business, selling a business, blair sibley