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For Sale Market In Temecula Area, Riverside County, CA

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Contact: Mani Singh at 951-296-7646, 951-296-7646 - Log In To Message/Email This Contact
Last Revised: 9/9/19. Posting #: 252713
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Premium  Absentee Run  
Key Words: market, wine bar, inland empire, riverside, temecula, absentee
Financial Info: Price: $50,000. Down: Call. Adjusted Net: $35,257. Annual Revenues: $135,269. Current seller Doe Not sell Cigarettes, provide Check cashing, Lotto, Money Gram and ATM machine services, incoming buyer may add/offer additional merchandise and services, open for normal business hours. Rent: $1,975.
Profile: Great opportunity to own an attractive, very short hours, very low rent, mostly employee run, major busy street located, Beer & Wine Market with on-site wine tasting.

Included Licenses:

ABC Type 20 (Off Sale Beer & Wine)
ABC Type 42 (On Sale Beer & Wine)

Please note, that this business has great upside potential, business highlights are as follows:

* Thirty-Two(32) Hours, Six(6) Per Week Business Operations
* Almost Absentee Seller Seller works about ten(10) hours per week
* High Gross Profits
* No Cigarette/Cigar Sales
* No Lotto. Never Applied

Current owner is a licensed professional who view and operates this establishment more as a hobby than as a business and opens door of this establishment 4-6 hours per day, Monday through Saturday.

Additionally, Current seller Doe Not sell Cigarettes, provide Check cashing, Lotto, Money Gram and ATM machine services to name a few, incoming buyer may add and offer additional merchandise and services, open business for normal business hours, potentially resulting in a higher bottom line.

Store Size: 1,700 sq. ft.+-
Total Current Rent: $1,975/month

Absentee ownership, high gross profit, well established attractive establishment, tremendous upside growth potential and a reasonable asking price presents a great acquisition opportunity.

Seller will provide and verify all financial information during the due diligence period.

Buyers are requested to utilize utmost discretion, execute an NDA and provide Proof of Funds to further pursue this acquisition opportunity.

Professional Resources & Contacts To Help You Close Your Deal!

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
Pro Advisor  
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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: 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: 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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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
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.
Key Words: buying a business, buy a business, selling a business, sell a business, buyer, business buyer, business buyers, business wanted, business wanted to buy, advertising, marketing, jordan green
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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
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
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Contributor: John Byrne at 954-296-0566   Log In To Message/Email This Contributor
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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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 14   Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
Key Words: landlord, landlords, lease, leases, leasing
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 11   Topics: business brokers, buyer representation, buying a business, financing, non SBA loans, SBA loans
Profile: I was asked this question by a buyer: “I’ve been looking for a small business to buy for over a year. Many business brokers are telling me that if you don’t find a business (or at least make an offer on a business) within a year, you’re probably not really serious about buying a business.
Key Words: buying a business, purchase business, business buyers, buyer, buy a business
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