Liquor Store , L.A downtown area

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Liquor Store , L.A downtown area

Asking Price:$2,790,000

Cash Flow:$360,000

Gross Revenue:$1,200,000

EBITDA:N/A

FF&E:$50,000

Inventory:$100,000*

Real Estate:$1,500,000

Established:1956

*not included in asking price.

Liquor Store , L.A downtown area

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Business Description

This is one of best unique liquor store in Los Angeles downtown area.
Funds require $800,000. for SBA loan and working capital and payment
will be around $12,000.-$13,000. monthly for 25 years.SBA loan can be
obtained with buyer's qualification, as well as the business. PROOF OF FUNDS
BEFORE LOCATION AND INFORMATION IS PROVIDED. details tom at 858-
408-5040(C)

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
4,620
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Liquor store has been in Business app. 60 years same location in the LA downtown. The Business with Property Price is $2,790,000. Qualified buyers should obtain SBA Loan with $600,000. down. This is a very unique liquor store located in L.A downtown area Total net income is approximately over $30,000. for details call Tom @ 858-408-5040.
Competition:
All businesses have competition however this liquor store is long established and the best location and has a base of repeated great good customers. at 858-408-5040
Growth & Expansion:
The property building size : 4620 sq ft built in 1970. Business hours : 7:00 AM- 12:AM(Mid night) Monday-Sunday. Employees 4 full time 1 part time. for details tom 858-408-5040.(C)
Support & Training:
Seller will train to buyer for 2-4 weeks after close of escrow at no cost to buyer.details tom at 858-408-5040
Reason for Selling:
wants to retire

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Thomas Kim

Business Listed By:
Thomas Kim

American Real Estate

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Sponsoring Broker:
Crystal Lee

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