Jackpot Lotto Liquor Store on busy major street

South El Monte, CA (Los Angeles County)

Jackpot Lotto Liquor Store on busy major street
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Asking Price: $320,000

Cash Flow: $100,500

Gross Revenue: $576,000

EBITDA: N/A

FF&E: N/A

Inventory: $45,000*

Rent: $4,400 /Month

Established: 1997

*not included in asking price.

Jackpot Lotto Liquor Store on busy major street

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Business Description

Jackpot Lotto Liquor store in Latino populated area. Owner since 1997 and ready to retired. Very low monthly rent and friendly landlord. Lotto income of $5,000/mo.Great profit margin of 35%. Business does high volume check cashing.Extra check cashing income of $20,000+/mo.

Detailed Information

Location:
South El Monte, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
N/A
Employees:
1 F,2P
Facilities:
Store size 4,500 sqft. Lease term 10.
Growth & Expansion:
Great profit potential with husband and wife team.
Support & Training:
Owner can train and support.
Reason for Selling:
Owner is ready to retired.
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Peter Chai Hui Shaw

Business Listed By:
Peter Chai Hui Shaw

Power Realty & Investments

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Sponsoring Broker:
Jack Oh

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