Well Established Liquor Market

Corona, CA
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Asking Price:$399,000
Gross Revenue:$744,000
Rent:$3,800/Month
Cash Flow:$180,000
Inventory:$75,000
Established Year:1990
BUSINESS DESCRIPTION

Well Established Liquor Store in Corona for Long Years. Remodeled, High Margin, Strong Median Income Area. Good Location, No violation Area. No Competition near by. Extra Income including Lotto Commission cover the Rent. Exclusive location. Reliable customers. No Violation Area. Please don't call but just EMAIL TO THE AGENT for detail.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,320
Lease Expiration
30/12/2034
Employees
1
Facilities
Remodeled beautifully. Boasting 35 years of ownership under the same proprietor. High margin. Strong Median Income Area. Good Location. No Competition near by. Extra Income including Lotto Commission cover the Rent. Exclusive location. Reliable customers. No Violation Area. Has 9 years primary Lease term with 10 years option. Inventory is about $90,000 and is not included in the asking price. Please don't make call for detail, but just EMAIL TO : Simonhong9604@gmail.com
Competition
No competition near by. High sales margin. Extra Income including Lotto Commission cover the Rent .Exclusive location. Reliable customers. No Violation Area. Long years established with same owner. Steady Income.
Financing
For sell cash buyer. . Not accept a loan buyer
Support & Training
Seller will train Buyer.
Reason for Selling
Retire
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Simon
Hong
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Simon Hong