Liquor Store, Free Standing Corner, Very Busy!

Los Angeles County, CA

Liquor Store, Free Standing Corner, Very Busy!

Asking Price:$350,000

Cash Flow:$140,000

Gross Revenue:$696,000

EBITDA:N/A

FF&E:N/A

Inventory:$60,000*

Established:1970

*not included in asking price.

Liquor Store, Free Standing Corner, Very Busy!

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Business Description

•Free standing, corner building with plenty of parking, on a major street, with great visibility.

•Surrounded by homes, apartments and many businesses in the same center.

•Sells Lotto, Scratchers, Groceries, Cigarettes, hard liquor, beer and wine.

•Upside opportuniies, by adding Western Union, Money Order, Money transfer, check cashing.

•12 Doors walk in cooler, 5/2 doors glass ref., Ice Dispenser,

•Monthly Expenses: Rent $ 4,100- Utilities $ 1,200- Bank Charges $ 600.

•Other monthly income: ATM $200, Lotto $1,000. Gross Profit 35%

Detailed Information

Inventory:
Not included in asking price
Employees:
2
Reason for Selling:
Other interests / Teaching

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William Park

Business Listed By:
William Park

VR Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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