Description
OFF-MARKET PRESENTLY
Los Angeles Neighborhood Liquor Store – Excellent Profit & Location! –
- Los Angeles, CA – (Los Angeles County)
- Zip Code: 90057
- Asking Price: $350,000
- Cash Flow: $180,000
- Gross Revenue: $780,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $150,000**not included in asking price.
- Established: 1978
Business Description
This nearly 40-year old business has become a neighborhood fixture known for:
- its full selection of liquor,
- a large variety of beverages,
- its fresh beef jerky, and friendly staff.
Industry Opportunities Industry
Opportunities Malternatives – Flavored malt beverages, also known as malternatives,
are a small but growing segment of the malt beverage market.
Appealing largely to young adults, the category relies heavily on product
innovations and new flavors to keep consumers interested.
Malternatives also enjoy significant tax relief versus liquor because of
their malt base. Some states, however, have reclassified the beverages as distilled spirits.
Tastings – Driven by the Distilled Spirits Council’s lobbying efforts,
more states are allowing liquor tastings. Tastings help drive store traffic and
generate sales of premium liquors consumers might be hesitant
to buy without trying. Increased consumer interest in fine wines
has also made tastings an effective marketing vehicle for retailers.
Business Opportunity!
The current owner does no marketing, has no social media accounts, no Yelp reviews,
only a 4.5 stars rating on Google and just relies on the local community for decades.
Plenty of upsides exists for a family-run operation, Seller is ready to retire.
Lots of cash!
Detailed Information