Convenience Market - With Beer & Wine

Torrance, CA
Los Angeles County


Asking Price: Annual Revenue:
$185,000 $432,000

Food & Beverage: Convenience Stores


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RE: Convenience Market - With Beer & Wine Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $185,000
Annual Revenue: $432,000
Net Profit: Not Disclosed
Cash Flow: $153,600
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 1
BBN Listing #: 408055232
Broker Reference #: 5077 TKD

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Business Overview:

Listing # - 5077 TKD

Available for the first time in 24 years, this well established market with beer and wine license is in the populated Hispanic neighborhood surrounding apartments and houses in Torrance.

Same owner for 24 years.

2,000 square feet free standing unit with storage area.

Low rent of $1,260/month.

Easy operation.

Walk-in cooler and lots of other equipment.

Extra income of $7,870/month.
* Check Cashing - About $490,000 @1.3% fee - $6,370.00/month.
* Lotto commissions- $1,100.00
* ATM & Water - $400.00

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Reason for Selling:

Retire

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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