Beer & Wine Market - Low Rent, Great Lease - North East Los Angeles

Los Angeles, CA (Los Angeles County)

Beer & Wine Market - Low Rent, Great Lease - North East Los Angeles
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Asking Price: $175,000

Cash Flow: $71,900

Gross Revenue: $476,425

EBITDA: $71,900

FF&E: N/A

Inventory: $40,000*

Rent: $2,650 /Month

Established: N/A

*not included in asking price.

Beer & Wine Market - Low Rent, Great Lease - North East Los Angeles

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Business Description

Beer & Wine Market - Low Rent - Great Fixed Rent Lease - North East Los Angeles

Great opportunity to own an stand alone, 2500 Sqft in size, high visibility , major street location, Low Rent, Beer & Wine Market at a fantastic price.

Please note, higher sales, upside potential and a higher bottom line may be realized for a new buyer by adding services, currently not being offered as follows:

- Check Cashing
- Money Orders
- Money Gram/Wire Transfer

This business is strategically located adjacent to residential as well as business communities on a major busy street ensuring a high volume of vehicle and foot traffic and a steady stream of clientele.

Building Size: 2500 Sqft+-
Total Rent: $2,650.00 - Fixed with no rent increase till 2024
Year 2024 – 2029 - Fixed with 5% one time rent adjustment.
Year 2029 – 2034 - Fixed with 5% one time rent adjustment.

Low rent, short hours, well established attractive establishment, potential growth opportunities and a reasonable asking price presents a great acquisition opportunity.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Facilities:
2500 Sqft Low Rent - Major Busy Street Location North East Los Angeles - Eagle Rock/Pasadena Area Los Angeles County, Southern California
Support & Training:
Provided as part and parcel of acquisition.
Reason for Selling:
Moving out of State
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Contact the Seller

(from currently available funds)
 
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Mani Singh, CBB.

Business Listed By:
Mani Singh

TNW 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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