Profitable Convenience Store in Los Angeles

Los Angeles County, CA

Profitable Convenience Store in Los Angeles
Contact Seller

Asking Price: $52,000

Cash Flow: $72,420

Gross Revenue: $204,000

EBITDA: N/A

FF&E: $3,500

Inventory: $5,000

Established: 2013

Profitable Convenience Store in Los Angeles

Save Print Share Valuation Report

Business Description

Owner-operated, Profitable Convenience Store located in Los Angeles! The convenience store is surrounded by a neighborhood and offers convenience items, snacks, beverages, and clothes. The business has an easy operation and is ready for a new owner. This business is open 7 days a week with limited hours from 8:00am to 8:00pm. Seller states the gross sales are $204,000 per year with a net income of $72,420 (buyer to observe and/or verify). This store is a corner location and is an easy operation to run with no employees. The store has plenty of room and services loyal customers, walk-in customers, and is on a main road for drive by traffic. In addition to being located in a convenient location in close proximity to a neighborhood, and the freeway, the store has been at the present location for 5 years and comes with a great lease.
FF&E are included in the sale. No financial records will be provided. Seller is selling due to leaving the country. For additional information, please contact Listing Agent Gina Veeragoudar at 310-819-5633 or gina@fcbb.com

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 1,400 square feet with a Total Rent of $1,100. Lease ends 03/2021 with a one 3 year lease option. Seller is active in the business with 1 Independent Contractor. Hours of operation are Winter Hours: 8 AM - 5 PM, Normal Hours: 8 AM - 8 PM. $5,000 in Inventory and $3,500 in FF&E included in Asking Price. $2,000 made in Leasehold Improvements. Assets include Sub-lease is a Cannabis business, Buyer is to verify all licensing.
Support & Training:
1 Week
Reason for Selling:
Seller needs to go out of the country.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Gina Veeragoudar

Business Listed By:
Gina Veeragoudar

First Choice Business Brokers LA

Show Phone Number

View My Listings


Sponsoring Broker:
Adrianna Smith

Listing Statistics

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


Ad#:1600966 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


Greenbelly

Franchise Opportunity
Capital Required: $229,000