$250,000
For Sale

Glenoaks Boulevard

Glendale, CA 91201
Listing OfficeKeller Williams R. E. Services
Browse 20 photos
Type:Purchase
Structure:Commercial
Zone:Residential

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**

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$250,000
  • Other
      • MLS #GD24124817

Location

Gary ElminoufiReal Estate Group
$
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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