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$ 195,000
Est. payment /mo
Price Dropped by $55K
1601 Cabrillo AVE Torrance, CA 90501
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25595415
HOA Y/N No
Property Description
Why You Should Buy a Liquor Store: #1 it's one of the most Recession Proof businesses you can own. #2. Low Competition Due to ABC Regulations; #3. Shelf Stable Inventory; #4. Year-Round Demand; #5. No Need to Advertise. Frank's Liquor Store has been in business at the same location for nearly 50 years. The current owner has operated there since 1993 and is ready to retire. He's willing to negotiate training time for a newcomer to the business. This is a small store, less than 1000sf, with good inventory turnover. There is more than adequate storage area. Lots of street and municipal parking around the store, including temporary parking in front. A new five year lease is in place starting 2/1/26 with annual 3% increases.
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Interior
Fireplace No
Others
Tax ID UNAVAILABLE
Financing Cash
Special Listing Condition Standard
Listed by Carl Clark Beach City Brokers #01181754
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