Glenoaks Boulevard

Glendale, CA 91201
$250,000
Courtesy of Keller Williams R. E. Services

Description

**Motivated Seller: Significant Price Reduction on Prime Location Liquor Store – Make Your Offer Today!** EXCLUSIVE LIQUOR STORE BUSINESS OPPORTUNITY IN GLENDALE/OWNER RETIRING AFTER 35 YEARS IN BUSINESS! The price is $250,000 + inventory Established Liquor Store Business For Sale - Under Same Ownership for 35 Years Take advantage of this rare opportunity to own a thriving liquor store in Glendale with a loyal customer base and clientele. **Key Features: - Strategically located on a bustling corner of Glenoaks Blvd with ample parking - 2000 square foot store offering tremendous potential for growth and profitability - ABC 21 Alcohol license, Tobacco License, and Lottery Sales - Turnkey operation ready for new ownership - Secure a 10-year lease with an initial 5-year term and a convenient 5-year option at a lease rate of $6 per square foot **Revenue-Generating Amenities: -4 Lottery Machines (generates net passive income of $8800/monthly) -Bitcoin Machine (Net passive income of $600-$800 monthly) -ATM -Large 8 door walk-in refrigerator fully stocked with a diverse selection of beverages - Clean, organized,and well-stocked appearance with shelves replaced just six months ago - Existing accounts for delivery services via DoorDash, GrubHub, and Uber Eats. **ALL potential buyers must Sign an NDA**
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  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$250, 000
  • Other
    • Source
      • MLS #:GD24124817

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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