Hot Listing
Market with Property in Los Angeles City.
Business Description
It is located on the main street. so it has great transportation and a great location. Sales items are Beer & Wine, Beverages and groceries only. Business sales is $540,000/yearly, Net income is $120,000/yearly. In particular, $4,500/month from lottery commissions and $400/month from ATM commissions, totaling around $4,900/month in additional income. Property's lot size is 3,800 SF. and store building size is 2,900 SF. and Zoning is LAC2, commercial zone. Asking price is $990,000 plus inventory. Property's price is only $800,000. Bank loan is available. The current store has been in continuous operation for 27 years. Due to accumulated fatigue, the business is presently experiencing burnout and is not operating in an optimal condition. Currently, the opening hours have been shortened, running from 9:30 AM to 6:00 PM, similar to bank hours. It is certain that if normal business operations are restored, sales will increase.
About the Business
- Years in Operation
- 27
- Number of Employees
- 1
- Facilities & Assets
- Property's lot size is 3,800 SF. and store building size is 2,900 SF. and Zoning is LAC2, commercial zone.
- Website
- https://www.buzbuysell.com
- Market Outlook / Competition
- There is not much compensation.
- Opportunities for Growth
- If the new buyer restores the current shortened business hours to normal operations. sales will certainly increase. and the future prospects of the business are highly favorable.
About the Sale
- Seller Motivation
- Sellers are going to retire.
- Transition Support
- Seller will train buyer for 14 days without any cost.
- Financing Options
- It can be financed with an SBA loan. requiring a down payment of approximately 20%.
Listing Info
- ID
- 2407949
- Listing Views
- 154
Listing ID: 2407949 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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