Property with market in Los Angeles
Business Description
ESTABLISHED CONVENIENCE STORE WITH REAL ESTATE - LOS ANGELES
This turnkey convenience store operation represents a compelling dual-asset investment opportunity, combining an established retail enterprise with commercial real estate ownership in Los Angeles County. The business has maintained continuous operations for 27 years since 1998, demonstrating market resilience and operational stability.
FINANCIAL PERFORMANCE:
The enterprise generates annual gross revenues of $540,000 with net income of $156,000, reflecting strong operational efficiency. Additional revenue streams include lottery commissions producing $4,500 monthly and ATM commissions generating $400 monthly, contributing $58,800 in supplementary annual income. The operation delivers a 16% capitalization rate on current performance metrics.
PROPERTY SPECIFICATIONS:
The commercial real estate encompasses 3,779 square feet of land with a 2,850 square foot retail facility under LAC2 commercial zoning. The property's main thoroughfare positioning ensures optimal visibility and customer accessibility, supporting sustained traffic patterns and operational continuity.
INVESTMENT STRUCTURE:
Business Assets: $180,000 plus inventory
Commercial Real Estate: $770,000 ($270 per square foot)
Total Investment: $950,000 plus inventory
Fixtures, Furniture & Equipment: $50,000 (included)
Financing options include SBA programs with 25-year terms and minimum down payment requirements of $200,000 for qualified purchasers.
OPERATIONAL ENHANCEMENT POTENTIAL:
Current operating hours of 9:30 AM to 6:00 PM present immediate expansion opportunities. Extended convenience store hours would leverage the established customer base and strategic location positioning, with corresponding revenue growth potential.
This investment provides immediate cash flow generation combined with long-term real estate appreciation prospects in an established Los Angeles market position, offering dual income streams through operational performance and asset appreciation.
This turnkey convenience store operation represents a compelling dual-asset investment opportunity, combining an established retail enterprise with commercial real estate ownership in Los Angeles County. The business has maintained continuous operations for 27 years since 1998, demonstrating market resilience and operational stability.
FINANCIAL PERFORMANCE:
The enterprise generates annual gross revenues of $540,000 with net income of $156,000, reflecting strong operational efficiency. Additional revenue streams include lottery commissions producing $4,500 monthly and ATM commissions generating $400 monthly, contributing $58,800 in supplementary annual income. The operation delivers a 16% capitalization rate on current performance metrics.
PROPERTY SPECIFICATIONS:
The commercial real estate encompasses 3,779 square feet of land with a 2,850 square foot retail facility under LAC2 commercial zoning. The property's main thoroughfare positioning ensures optimal visibility and customer accessibility, supporting sustained traffic patterns and operational continuity.
INVESTMENT STRUCTURE:
Business Assets: $180,000 plus inventory
Commercial Real Estate: $770,000 ($270 per square foot)
Total Investment: $950,000 plus inventory
Fixtures, Furniture & Equipment: $50,000 (included)
Financing options include SBA programs with 25-year terms and minimum down payment requirements of $200,000 for qualified purchasers.
OPERATIONAL ENHANCEMENT POTENTIAL:
Current operating hours of 9:30 AM to 6:00 PM present immediate expansion opportunities. Extended convenience store hours would leverage the established customer base and strategic location positioning, with corresponding revenue growth potential.
This investment provides immediate cash flow generation combined with long-term real estate appreciation prospects in an established Los Angeles market position, offering dual income streams through operational performance and asset appreciation.
About the Business
- Years in Operation
- 28
- Employees
- 2 (1 Full-time, 1 Part-time)
Employees who work every 6 days per week. - Facilities & Assets
- The commercial real estate encompasses 3,779 square feet of land with a 2,850 square foot retail facility under LAC2 commercial zoning. The property's main thoroughfare positioning ensures optimal visibility and customer accessibility, supporting sustained traffic patterns and operational continuity.
- Market Outlook / Competition
- There is some competition around the market, but it is not severe.
- Opportunities for Growth
- After running the market for 27 years, sellers are tired and not working hard. If someone new takes over, the business will grow.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,850
About the Sale
- Seller Motivation
- Sellers want to retire.
- Transition Support
- Seller will train the buyer for 14 days with-out any cost.
- Financing Options
- Financing options include SBA programs with 25-year terms and minimum down payment re
Listing Info
- ID
- 2471229
- Listing Views
Listing ID: 2471229 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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