Last Revised: 9/9/19. Posting #: 252713
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.
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!
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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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