Well Established and High profit Liquor Store in South Bay

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*** Location Location Location *** Renovated in 2012
Asking Price:
$350,000

Gross Revenue:
$720,000
Cash Flow:
$120,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
not included in asking price

FF&E:
$19,000
included in asking price

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Business Description

*** at the corner of busy cross street

*** Current owner run this store from 2006

*** New lease 5 years + 10 years option

*** Current Rent : $4,205/month in gross( including NNN)

*** Extra Income

( 1 ) Lotto commission $3,615/month.. Lotto sales not included in Gross revenue

( 2 ) ATM commission $150/month

* Business Hour ; 7 days a week....9 am-10 pm weekdays 9 am-11 pm weekend

* 1 full time employee

About the Business

Year Established:
1940
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Rate/Sq. Ft./Mo.:
$1.32
Lease Expiration:
3/31/2023
Facilities:
* approximately 3,000 Square foot......* 18 Door Walk-in Cooler
Market Outlook/
Competition:
**** Best location in this area

**** Lucky Store for 5 year in a row

**** Attracting a lot of traffic
Growth & Expansion:
*** Upsale chance about $9,000/ month gross sale, if you accept E.B.T Card......
*** Extra $2,000/ month income expected in Check Cashing Business........
*** Extend the 2-3 more business Hours
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About the Sale

Reason For Selling:
to focus on another business
Training/Support:
available under mutual agreement

Listing Info

ID:
1372387
Ad Detail Views:
1036

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Business Listed by
Mundo
U.S. Census Data for Los Angeles County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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