Profitable Liquor 2,000 sf Sale $80,000 Net $13,000 monthly

Lomita, CA (Los Angeles County)

Profitable Liquor 2,000 sf Sale $80,000 Net $13,000 monthly
Contact Seller

Asking Price: $500,000

Cash Flow: $156,000

Gross Revenue: $840,000

EBITDA: N/A

FF&E: $150,000

Inventory: $80,000*

Rent: $3,321.82 /Month

Established: 1995

*not included in asking price.

Profitable Liquor 2,000 sf Sale $80,000 Net $13,000 monthly

Save Print Share Valuation Report

Business Description

Very profitable Liquor 2,000sf in Lomita $70k sales $15K net wt low rent

Well organized Liquor store in city of Lomita in South Bay.
In the Shopping center on the corner site of Major street .

Currently under almost full employee-run except purchase and occasional fill up some gabs.

Revenue per month is around $80,000 and Net is min $15,000 .
Size of store about 2,000 sf

Lease term remained 5 years with 5 year option.
Rent is $3.321.82

Asking Price $500,000 plus inventory about $75,000 to $80,000.

Ample parking lots.

Seller can't take care of too many businesses and now is under restructuring to concentrate on one giant Store for his health.

Small security deposit abt $4,000

Due to employee, you must make an appointment for Showing.in advance with broker.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,983
Lease Expiration:
7/31/2023
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully well equipped and well maintained with extra storage room
Competition:
No competition nearby
Support & Training:
10-14 days of training and counselling period after closing escrow
Reason for Selling:
Seller has 3 businesses . Now under restructuring to concentrate in One
Contact Seller

Contact the Seller

Contact Seller Loading

John Lee

Business Listed By:
John Lee

Magic Zone Realty

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


Ad#:1484125 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


Cinnaholic

Franchise Opportunity
Capital Required: $178,000