Real Low Priced Liquor; Rev $276K, As-Is Sale, Asking $60K, Lomita

Lomita, CA (Los Angeles County)

Real Low Priced Liquor; Rev $276K, As-Is Sale, Asking $60K, Lomita
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Asking Price: $60,000

Cash Flow: N/A

Gross Revenue: $276,000

EBITDA: N/A

FF&E: N/A

Inventory: $40,000*

Rent: $2,600 /Month

Established: 2017

*not included in asking price.

Real Low Priced Liquor; Rev $276K, As-Is Sale, Asking $60K, Lomita

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Business Description

Liquor store situated in a strip center. Surrounded by Hispanic neighbors. Semi-absentee profits. Indeed, owner works 12 hours a week. Operated by three employees. Reasonalble rent. Efficiently short open hours. Below is a brief overview of operations and finance;
• Current gross turnover is an avarage of $23,000/mo, including an extra income of $1,500 a month. Once sales were as high as $35,000
• Monthly net income is "As-Is" condition
• Margins average 33%
• 20 coolers are in good working condition
• All-in rent is $2,600 including 3 Net and increased by $100 per year
• Premise size is approx. 2,300 sq. ft
• Lease remains 2+5 yrs
• Two (2) full-time and one (1) part-time work. Owner works only 2 days a week.
• Wages paid for are approx. $5,000 per month
• The monthly sales tax paid for is approx. $ 1,000
• Establised for 14 years, but operated for 2 years by current owner
• Efficient open hours are from 10:00 am to 9:00 pm, 7 days a week
• Fina parking spaces
• No business loans are available due to a lack of business history
• For your prompt inquiry, an online NDA is conveniently attached
• For more information, contact Kevin Kim at beeinvest.kim@gmail.com
• Financial records will be provided only to those buyers w/proof of funds and/or committed

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
2/2/2026
Employees:
3
Facilities:
20 coolers, Semi owner-absentee, EBT accepted. Previous sales were over $35,000 per month
Competition:
Yes
Financing:
N/A
Support & Training:
2 weeks after closing escrow
Reason for Selling:
No like
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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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