Located on prime and high traffic Foothill Boulevard in the prestigious La Canada Flintridge area, this liquor store has experienced consistent sales growth year after year. Great growth opportunity for a new Owner-Operator. Currently absentee-owner run. New owner can carry hookas, tobaccos, etc. which is in great demand in the area. Store has a retail liquor license as well as wine tasting license. Current owner prefers to sell the liquor business together with the property. Property is listed separately for $1,299,900. Store size is 2,477 sq ft and has ample parking on the left side (lot size is 4,979 sq ft.) Rent is $2.75 per square foot (unless Buyer also purchases the property). Long lease term available. Net Profit after all expenses (excluding the 2 employees) is $136,116 for Year 2014. Clean books and records. For more information, please contact Anthony at 818.636.3131 or email at AnthonyN@kw.com. Serious inquiries only please. Easier SBA financing with 15-20% down if business purchased with the property.
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