Vintage Financial Corp. of Northridge has signed...

Vintage Financial Corp. of Northridge has signed a letter of intent to purchase Liquor Barn Arizona Inc. from its parent company, Majestic Wine Corp. Liquor Barn Arizona is a specialty retail chain of 16 wine and liquor supermarkets in Arizona, with annual sales of about $30 million. The terms of the sale were not disclosed. The Phoenix-based company has been part of the 98-store Liquor Barn chain, operating in California and Arizona. Vintage, founded by Southern California wine industry executive Mark Newman, intends to operate the chain from Phoenix.