1601 Cabrillo Avenue, Torrance, CA 90501
- $195,000
- List Price
- $195,000
- Price Change
- ▼ $55,000 1776218531
- Status
- PENDING
- MLS#
- 25595415
- Days on Market
- 284
- Property Type
- Investment
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.
Additional Information
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Carl Clark (carl@carlandarda.com) from Listing Office: Beach City Brokers.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.