Your Guide to Liquor Store Loans in California

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Your Guide to Liquor Store Loans in California
Owning a liquor store in California can be highly
profitable. However, purchasing one based on an
inaccurate valuation can lead to financial
setbacks. Learn the essential factors that
influence liquor store valuation and how to
secure a loan to fund your purchase. Understand
the financial health of the business, ensuring
it's a good investment.
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1. The Liquor Stores Financial Health

• Whether you want to take over an existing store
  or buy a franchise, you must review its financial
  statements and business plan.

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2 Your Own Financial Health and Sources of
Financing
The financial status of the liquor store isnt
the only thing to consider. You need to look at
your own financial health, as well. If youre
like most small business owners and
entrepreneurs, youll need a liquor store loan in
California. Few people can purchase a liquor
store or franchise without it.
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4.Laws, Regulations, and Licensing Requirements

• Liquor retailing is a highly regulated industry.
  You must become familiar with the laws related to
  alcoholic beverage sales at your stores
  location. State, county, and local laws impact
  how much liquor you can sell and to whom at what
  cost. All these regulations can affect liquor
  store profitability and make it more or less
  valuable.

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5. Location of the Liquor Store
There are several ways to finance the purchase of
a dental practice. Some business owners choose to
bootstrap their practice or get financing from
friends and family. However, this comes with a
great deal of risk, so most consider a
small business loan for all or a portion of the
purchase.
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Liquor Store Valuation Methods

• Most experts agree that there are three methods
  you can use to calculate your liquor store
  valuation after considering all the factors in
  the previous section.
• Cost valuation
• Market approach
• Income-based valuation

By Michael Kuczkowski
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Why Choose Biz2Credit?

1. Trusted partner for franchise funding
2. Biz2Credit was founded in 2007 and has provided
   more than 10 billion in loans.
3. Dedicated support team
4. Tailored financing solutions

Source Biz2Credit
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