Liquor+Prpty: Gross $1.68M, Net $408K, Asking $3.4M, SBA O, LA

Los Angeles, CA (Los Angeles County)

Liquor+Prpty: Gross $1.68M, Net $408K, Asking $3.4M, SBA O, LA
Contact Seller

Asking Price: $3,300,000

Cash Flow: $408,000

Gross Revenue: $1,680,000

EBITDA: $540,000

FF&E: N/A

Inventory: $250,000*

Real Estate: $2,200,000

Established: 2002

*not included in asking price.

Liquor+Prpty: Gross $1.68M, Net $408K, Asking $3.4M, SBA O, LA

Save Print Share Valuation Report

Business Description

Liquor & property sale
Asking price: $3,300,000 plus inventory
- Business: $1,100,000
- Bldg./Land: $2,200,000
- Inventory: approx. $250,000
Monthly sasles: $140,000
Monthly Net: $34,000 more or less,
including an extra income: Lotto/Lottery-$2,000, ATM-$550
liquor store size: 3500 sq. ft
Run by 5 full time employees
Hours: 7 am to 2 am 7 days a week
4 units
Bldg: 5882 sq. ft
Lot: 11873 sq. ft
Rental income: 3 units leased. $4,500 extra rental income
SBA loan available with 20-30% down, including inventory for qualiied byuers

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
11,873
Employees:
5 FT
Facilities:
This is 4 units property. 11 coolers, EBT accepted, more African-American & Hispanic residing, Seller is the landlord, 3 units rental income
Competition:
Liuor stores, markets
Growth & Expansion:
add check cashing service
Financing:
None
Support & Training:
2 weeks after closing an escrow
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock

Demographic Information

Household Income:
Unlock
Population Age:
Unlock
Population Change:
Unlock
Population by Race/Ethnicity:
Unlock

Real Estate Insights

Monthly Lease Rate per SF:
Unlock
Sale Price per SF:
Unlock

Metro Area Scores

Walk Score:
Unlock
Transit Score:
Unlock


Ad#:1538974 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Lean Kitchen Company

Franchise Opportunity
Capital Required: $165,000