Beer Wine Market in El Monte - Employee Run

Asking Price$325,000

Cash Flow
$72,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$600,000

Inventory$60,000
Not included in asking price
FF&ENot Disclosed

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Beer Wine Market in El Monte - Employee Run


Asking Price$325,000

Cash Flow
$72,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$600,000

Inventory$60,000
Not included in asking price
FF&ENot Disclosed

Business Description
MONTHLY GROSS: $50,000
MONTHLY RENT: $2,835
LEASE TERMS: NEW LEASE
STORE SIZE: 1,750 SF.
OPEN HOURS: 9AM-10PM
EMPLOYEES: 2 FT
WAGE: $7,400/MO.
OWNER SINCE: 2005
EXTRA INCOME: $1,600 LOTTERY
REASON FOR SELLING: TOO BUSY WITH OTHER BUSINESS.
FINANCING: 50% DOWN, 50% BANK LOAN.
NOTE: BEER WINE MARKET IN RESIDENTIAL AREA.
NO NEARBY COMPETITION. EMPLOYEE RUN.
PURCHASE INCLUDES WATER MACHINE.
PLENTY OF PARKING. 35-40% PROFIT MARGIN.
NET INCOME: $6,000/MO (Absentee Owner)
About the Business
Years in Operation
20
Facilities & Assets
Located inside a neighborhood. No competition.
Market Outlook / Competition
Good location. Also has water machine.
Opportunities for Growth
Potential to increase business with owner-operator. It's currently employee run.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,750
Rent
$2,835.00 per month
About the Sale
Seller Motivation
Looking for higher volume store.
Transition Support
Seller will train
Listing Info
ID
2442203
Listing Views

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Business Listed by: Jack Oh Power Realty & Investments

Listing ID: 2442203 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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