Hi Volume Liquor Store in Hawthorne (Ad: L431)

Hawthorne, CA (Los Angeles County)

Hi Volume Liquor Store in Hawthorne (Ad: L431)
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Asking Price: $1,475,000

Cash Flow: $360,000

Gross Revenue: $2,220,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Rent: $9,450,000 /Month

Established: 2008

*not included in asking price.

Hi Volume Liquor Store in Hawthorne (Ad: L431)

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Business Description

Same owner since 2008. Selling due to divorce. Located on a signalized hard corner with awesome visibility. No nearby competition. Next to big warehouses, office buildings, and homes. Currently building 330 unit luxury apartments next door. Buyers need 60% down payment. Potential to increase store size by taking over next door tenant.

Detailed Information

Location:
Hawthorne, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
N/A
Employees:
4 Ft, 2 Pt
Facilities:
Same owner since 2008. Located on a signalized hard corner with awesome visibility. No nearby competition. Next to big warehouses, office buildings, and homes. Currently building 330 unit luxury apartments next door. Buyers need 60% down payment. Lease terms are 16 years.
Competition:
In a great location with no competition around. High gross income.
Growth & Expansion:
Potential to increase store size by taking over next door tenant.
Support & Training:
2 weeks of training.
Reason for Selling:
Selling due to divorce.
Business Website:
http://www.powerrealty1.com
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Jack Oh

Business Listed By:
Jack Oh

Power Realty & Investments

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