Profitable Convenience Store in Los Angeles

Los Angeles County, CA

Profitable Convenience Store in Los Angeles
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Asking Price: $52,000

Cash Flow: $72,420

Gross Revenue: $204,000


FF&E: $3,500

Inventory: $5,000

Established: 2013

Profitable Convenience Store in Los Angeles

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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

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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Contact the Seller

(from currently available funds)
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Gina Veeragoudar

Business Listed By:
Gina Veeragoudar

First Choice Business Brokers LA

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Sponsoring Broker:
Adrianna Smith

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