Liquor Store (ABC Type 21) in Glendale for Sale

Glendale, CA
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Asking Price:$470,000
Inventory:$50,000
EBITDA:$170,000
Gross Revenue:$450,000
Rent:$3,873/Month
Established Year:1994
BUSINESS DESCRIPTION

Liquor Store in Glendale

Great opportunity to own a Liquor Store with great income in the city of Glendale. The store is conveniently located in a prime location surrounded by lots of residential, apartment complex, and retail/commercial/business buildings. There are tons of displace racks, a huge walk-in cooler, refrigerators, store office, storage area in the 2,000 sq.ft. space. Steady income with many repeating customers. Wide selection of daily supplies, snacks, beer, and liquors. Everything a convenience store should provide. All FF&E and Liquor License (Type 21) are included in the sale EXCEPT inventory.

Business Highlights:
*30+ years in business, Current owner since 2022
*Lease expiration is March 2027 with one 5-year option.
*Lots storage spaces, Office Space, Walk-in Cooler
*Annual gross sales is over $1M with 1 F.T. & 2 P.T. Employees
*Monthly Utilities + Internet +Security System: $1,150
*Business Asset Sale with Liquor License (Type 21)

Call today for more information and a touring appointment.


DETAILED INFORMATION
Location
Glendale, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
31/03/2027
Employees
3
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Arthur
Huang
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Arthur Huang