Liquor: Gross $55,000/M, Net $9,000+, Asking $330 Firm, Lynwood

Lynwood, CA (Los Angeles County)

Liquor: Gross $55,000/M, Net $9,000+, Asking $330 Firm, Lynwood
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Asking Price: $330,000

Cash Flow: $108,000

Gross Revenue: $660,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Rent: $3,206 /Month

Established: 2007

*not included in asking price.

Liquor: Gross $55,000/M, Net $9,000+, Asking $330 Firm, Lynwood

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Business Description

Small size liquor store located in a strip mall. Surrounded by Hispanic.
Gross sales: $55,000/mo
Net profits: $9,000/mo or up
Margin rate averages 35%
Reasonable rent: $3,210 including 3 N & CAM
Lease remaing 4 yr + 5 yr option
Store size: 1400 sq. ft
Hours: Mon-Thu 8 from am to 12 am, Fri till 2 am, Sun till 11 pm
One full-time staff and one diligent owner working full time
4 walkin coolers and 5 reach-in coolers
Simple expenses: Utilities $800, Wages $2,000, Sales tax $3,500, Trash $145 , Insurance/mics $300

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
10/31/2027
Employees:
1 FT
Facilities:
9 coolers
Financing:
None
Support & Training:
2 weeks after closing
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

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