About this business
This liquor and convenience store is situated in a prime location within a busy shopping center at a high-traffic intersection in Glendale, with ample front parking and excellent visibility. The surrounding area experiences heavy foot traffic throughout the day with very limited competition, making this an ideal retail opportunity.
The business generates approximately $110,000 in monthly sales with gross profit margins of approximately 40% or higher across merchandise. Additional income of approximately $1,000 per month is earned from Lotto commissions. The store operates convenient hours from 10:00 AM to midnight, seven days a week, and is situated in a safe, established neighborhood with a strong existing customer base.
The lease terms are highly favorable: Years 1–3 at $2,000 per month fixed rent, Years 4–8 at $2,500 per month fixed rent, and Years 9–10 at $3,000 per month fixed rent. The business occupies 1,000 square feet and is easy to operate with strong cash flow potential.
The current owner has other business commitments and is unable to devote sufficient time to this location. A new owner who can be actively involved in the business has an excellent opportunity to increase sales and profitability. The business is SBA loan pre-qualified and includes training and support. The liquor license number is 01358449.
Financial overview
Location
Glendale, California
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