Profitable Liquor Store and Check Cashing Biz in LA

, California 10 views 0 favorites

Financial Highlights
Asking Price
$459,000
Revenue
$850,000
Business Description

This is a great opportunity! 2021 gross receipts is over $700k for just liquor store! Additional $150k/yr revenue with check cashing! Sales is growing year-over-year! Increase revenue: 1) liquor sales is allowed until 12AM, but business closes at 10PM. 2) Add high-end liquor bottles to inventory. 3) Add more wine selections. 4) Add delivery app services to increase sales. Fantastic location on a busy corner! Great parking! Lots of goodwill. Under current ownership over 20 years. Seller is retiring. Location: Los Angeles, California Year Established: 1990 Real Estate: Leased Lease Expiration: 5/31/2032 Market Outlook/ Competition: No more liquor licenses being issued in the area.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 15 hours ago

Views: 10

Favorites: 0