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Beer Wine Market near Pismo Beach

Grover Beach, CA
listing image
Asking Price:$399,000
Gross Revenue:$780,000
Rent:$1,750/Month
Cash Flow:$168,000
Inventory:$70,000
Listing ID: 2204394Listing provided by BizBuySell
BUSINESS DESCRIPTION

MONTHLY GROSS:$65,000
MONTHLY RENT: $1,750
LEASE TERMS: 5+5 NEW LEASE
STORE SIZE: 1,550 SF.
OPEN HOURS: 7AM-10PM
EMPLOYEES: 2 OWNERS
EXTRA INCOME: LOTTERY $1,800/MO.
OWNER SINCE: 2019
REASON FOR SELLING: LOOKING FOR A HIGHER VOLUME STORE.
FINANCING: 50% DOWN, 50% BANK LOAN.
NOTE: WALKING DISTANCE TO THE BEACH.
35% PROFIT MARGIN. NICE NEIGHBORHOOD.
NICELY REMODELED STORE. 28 DOOR COOLER.
RENT IS VERY LOW. NEW 5+5 LEASE.
NET INCOME: $14,000/MO.

DETAILED INFORMATION
Location
Grover Beach, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,550
Facilities
1,550 sf. Located few block from the beach. Nice neighborhood.
Competition
Not much competition
Growth & Expansion
Great income producing business. Just need to stock up and be competitive.
Support & Training
Seller will train
Reason for Selling
Owners are looking for higher volume stores.
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Jack Oh
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