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|   | Business Description | Beer & Wine Store great corner location at a busy intersection | | SIC Code | | Organizational Form | Sole proprietorship | | General Location | Van nuys | | Selling Price | $199,000 | Down Payment | $199,000 | | Annual Revenues | $540,000 | Discretionary Earnings | $90,000 | Seasonal? Can Relocate? NO Home Based? NO Absentee Owner? NO Franchise? NO
| Days and Hours
of Operation | 7am - 10pm 7days | Year Established | 26 years | | Years Owned | 7 years | | Full-Time Employees | 0 | Part Time 1 | Managers 0 | | Other Payroll Information | | | Hours Owner Works | 90 hrs per week | | Owner's Duties | | | Skills Required | | | Training & Cost | | | Non Compete | 3 miles 3 years |
Executive Summary:Great corner location at a busy intersection in a strip center with tremendous visibility. And is surrounded by businesses and a large residential area, which brings plenty of traffic to this approx 2300 sqft store.Profits may be substantially increased by adding a check cashing, key making, utilities payment center etc. Excellent business for an owner/operator looking for an investment opportunity. The seller is highly motivated and will consider ANY reasonable offer.
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Lease / Building Information | | Monthly Lease/Rent | $3923.69 + NNN | Deposit | $ 4,500 | | Expires | 2013 | Building Type | | | Terms & Options | One five year | | Square Footage / Dim. | Approx 2283 | Seating | | | Other | Cam is $910 per month. Rent increase every year 3-6 % |
Assets (Y=Included / N=Not Included / A=Available) | | Accounts Receivable | |
| Licenses | |
| | Inventory | |
| Type of License | Y | Beer & Wine
| | L/H Improvements | Y | $ 100,000 | Other Assets | |
| | Furniture / Equipment | Y | $25,000
| | | | | Real Estate | |
| Total Assets | Y | $125,000 |
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. |
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