Huge potential,Short Hour(8am—8:30pm),Korean to retire,many Apts+Indus
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* ABC license #20 (BW) No Meat, No Produce, No Check Cashing, No Money Order
* Old Korean Spouse to retire
* Store since 1998, seller since 2017
* many apartment complexes behind the store + many industrials near the store
* Play ground park across the store
* Several Whole sale warehouses are within 5 minutes drive from the store. You do not need lots of stocks at the store.
* Average gross sales $65k?mo/ High mark up 40-50%
* Comission Income from CA lotto/lottery $48k covers rent
* Biz Hour: 8:00am—8:30pm. (Mon—Sat) 9:00am—8:00pm (Sun)
Store is closing too early especially during summer time
No restriction of biz hour on ABC license
* Store size: 1200 sq.ft.(approx)
* Rent: $4,000 + cam charge ($300)
Rent go up by 3% annually
* Lease 5 yr + 5 yr option
* No Check cashing, No money Order, No money Transfer
* Buyer can rent apt (attached the store/ 2 br+ 1 ba/ seller living now)at $2200/mo
* Old Korean Spouse to retire
* Store since 1998, seller since 2017
* many apartment complexes behind the store + many industrials near the store
* Play ground park across the store
* Several Whole sale warehouses are within 5 minutes drive from the store. You do not need lots of stocks at the store.
* Average gross sales $65k?mo/ High mark up 40-50%
* Comission Income from CA lotto/lottery $48k covers rent
* Biz Hour: 8:00am—8:30pm. (Mon—Sat) 9:00am—8:00pm (Sun)
Store is closing too early especially during summer time
No restriction of biz hour on ABC license
* Store size: 1200 sq.ft.(approx)
* Rent: $4,000 + cam charge ($300)
Rent go up by 3% annually
* Lease 5 yr + 5 yr option
* No Check cashing, No money Order, No money Transfer
* Buyer can rent apt (attached the store/ 2 br+ 1 ba/ seller living now)at $2200/mo
About the Business
- Years in Operation
- 28
- Market Outlook / Competition
- No competition within a few blocks
- Opportunities for Growth
- Huge Potential: Extending the Biz Hour, especially Summer Time
Diversified Money related service—mostly Latino Neighborhoods & Lots of Industries near the store
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $4,000.00 per month
About the Sale
- Seller Motivation
- Old Korean spouse to retire
Listing Info
- ID
- 2468546
- Listing Views
- 29
Listing ID: 2468546 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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