Building Details:
525 E Los Angeles Ave is located in Moorpark, CA.
Strip Center is located on the corner of Spring and Los Angeles Ave with Anchors such as McDonalds and Starbucks. Center was established in 2005. The Wine Castle was established as an original tenant in the center. Seller did complete build out. The business has a series 41 liquor license. Suppliers include Youngs Mkt, Wine Warehouse, So Wine & Spirits, Farmers, and all the standard beer suppliers.
The current inventory ranges between $95,000 and $120,000. The seller would not be opposed to Inventory adjustments by taking some inventory to their other locations to reduce the amount of up front costs needed by the buyer.
This business has built a reputation in Moorpark as being a full service retail location which is open 7 days per week, until 10:00 P.M.
Refrigeration has 10 doors, installed 3 years ago and is front loading.
Store has a great selection of accessories which earns a full 50% margin. The overall store margin is 35% against gross revenue of $300,000. Monthly expenses which includes owners monthly wage is $6,400, which leaves an approximate monthly net of an addtional $2,000.00. This store is great as a family run business.
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- Ryker Flint, agent and Rofo Pro