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Glenoaks Boulevard

Glendale, CA 91201
  • $250,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: GD24124817
UPDATED: 109 min ago
$250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Jawad Fawaz of Keller Williams R. E. Services (818-432-3200)


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 + inventoryEstablished Liquor Store Business For Sale - Under Same Ownership for 35 YearsTake 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-13T10:34:26.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/151795870
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Glenoaks Boulevard Glendale, CA 91201

  • Price: $250,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 109 min ago
  • MLS #: GD24124817
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
624 - Glendale-Chevy Chase/E. Glenoaks
County:
Los Angeles
Area:
624 - Glendale-Chevy Chase/E. Glenoaks
Property 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 + inventoryEstablished Liquor Store Business For Sale - Under Same Ownership for 35 YearsTake 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**
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Name TBD Business Type Liquor Store Leasable Area 2000 Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New Loan Total Actual Rent 12000



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-13T10:34:26.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Jawad Fawaz of Keller Williams R. E. Services (818-432-3200)