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Liquor Store & Deli w/ Real Estate

Central Coast, California (San Luis Obispo County)

Retail - Liquor Stores | Retail - Other Eating & Drinking Places

Asking Price $824,613 Inventory $15,000* 
Gross Income $380,727 Real Estate  
Cash Flow $109,901 Year Established 1953
FF&E $125,000* Employees 3

* included in the asking price

** not included in the asking price

Business Summary: This liquor store & deli has been in the same location on the Central Coast of California for over 50 years. They have a vast selection of liquor, spirits ,wine, lottery tickets, cigarettes, fine cigars, and delicious sandwiches, as well as a wide assortment of rare and hard to find liquor and smoking accessories. Customers come here for the best and finest liquor and spirits at discount prices. There is a well established clientele. Included with the store are additional parking spaces. Advantages: X It is a cash business. It is a fun business where you get to know your customers by first name. The more inventories you stock, the better deals you receive from distributors. You also please more customers. X Poor economy, people will stay home and drink. X The cash nature of the business and recession-proof element continues to make these businesses high-demand establishments. Also inventory control systems are quite affordable and should be used to reduce the risk of theft. X Once you are in, it s very hard for new competition to come in and put you out of business. X Easy to control inventories. Computerized tracking and inventory ordering possible. X Generally a cash business. X High barrier to entry; limited number of licenses; relatively easy to operate. X There are very few changes V very solid industry, stores are protected by state law. Industry Trend X Demand will remain steady but inventory levels will remain low due to selling activity over the past three years. X Liquor stores are the most popular businesses, primarily for the convenience consumers constantly strive for. X Should get stronger with poor economy. X Continued growth for the larger stores.

Financing: No

Support/Training: 2 weeks at 25 hours per week

Reason Selling: Retirement

Business For Sale By

Gary Bayus

805-773-5447

Prestige Business Sales

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