
Semi-Absentee Unique Liquor Store Deli and Grill with ABC 21
Semi-Absentee Unique Liquor Store Deli and Grill with ABC 21
Price: $950,000
Location: CA
Industry: Beer, Wine, and Liquor Stores
Listing ID: ZBB2192
DESCRIPTION
This location has been a liquor store for more than 30 years. Besides being a profitable retail liquor store, it provides a wide range of take-out foods. They are extremely popular in the area and have long wait times for food on the weekends. The owner has spent about $135k on kitchen expansion, equipment, construction, design, and permits during 2022. The business owns all the equipment, and nothing is on the lease.
There are two owners. One is entirely absentee, and the other spends a few hours per week on payroll, bills, ordering, employee issues, and scheduling.
All trained staff are in place, and one full-time manager oversees all daily related management work. $50k has been added to replace the manager's salary to calculate the SDE (One full time owner's income from the business)
LISTING DETAILS
Total Sales: $1,450,000
Cash Flow: $290,000
Reason For Sale:
Focusing on Other Businesses/Restaurants
Training & Support:
2 weeks | 30 hrs per week
OPERATION
Year Established: 2019
Days & Hours of Operation: Sun-Thur 7AM-10PM | Fri-Sat 7AM-11PM
Owner Hours Per Week: 2 (1 part-time and 1 completely absentee)
Employees: 11 (7 FT and 4 PT)
LOCATION
Monthly Rent: $7,115
Square Footage: 2450
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