11
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$195,000
Est. payment /mo
Price Dropped by $55K
1601 Cabrillo AVE Torrance, CA 90501
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25595415
Property Sub-Type Retail
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 Old Torrance
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Beach City Brokers
NEARBY SCHOOL & BUSINESS
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Roddy de la Garza
Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113