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: 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: 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
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
View All Related Resources & Advisors For This Posting
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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: To prepare your business for sale, business owner sellers need to think like a buyer to reduce risks. John Byrne, CPA, Valuation Expert, and Due Diligence Advisor, shares three factors business owners need to address in order to maximize their business’s value at exit.
Key Words: valuation, business valuation, valuing a business, valuing your business, sell a business, selling a business, sell your business, sellers, john byrne
Profile: Buyers often explore buying a franchise instead of an independent business because of certain benefits that come with doing so, however, choosing the right franchise to buy can be hard. With the number of franchises only growing this article helps business buyers select the right franchise for them.
Key Words: franchise, buying a business, business buyers, buying a franchise, spencer siegel
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
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Profile: Buying a business is no easy task. In fact, business buyers are faced with many questions before beginning their search for an existing business for sale. BizBenNetwork Senior Facilitator Manager Jordan Green gives helpful tips for prospective business buyers to start their search on the right foot.
Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
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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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Key Words: jordan green, business broker, broker, intermediary, buy a business, finding a business, business selection, entrepreneur