Convenience Store with Beer & Wine - $225,000

Van Nuys, CA
Los Angeles County


Asking Price: Annual Revenue:
$225,000 $530,000

Food & Beverage: Liquor Stores


Request More Information
Contact the Seller

RE: Convenience Store with Beer & Wine - $225,000 Broker: Mike Jasani
License #: 01372982

Quick Facts

Asking Price: $225,000
Annual Revenue: $530,000
Net Profit: $60,000
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: Not Disclosed
BBN Listing #: 785459530
Broker Reference #: SBB209

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Owner-Operator can take home more than $5,000 per month! Ample room for expansion. This 1,600 square feet drive through convenience store with beer and wine is located on a busy street in the San Fernando Valley since 1989. The rent $2,587 is very reasonable and comes with a lease for 9 years. The store has a big walk in cooler, big signpost, lots of storage space and fully equipped kitchen with sink. The owner is old and cannot keep the store open for long hours.

Current owner takes home $5,000 to $6,000 per month. The monthly gross sale of $45,000 includes sale of lotto/lottery of $20,000 approx. This store is ideal for owner-operator. Increase the store hours in the morning and night to increase sales. With longer hours in 2018 the store had a monthly sale of $53,500. Introduce coffee, sandwiches, snacks etc. to bring in more customers. Maybe add a liquor license. Good possibilities of increasing sales and profits.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Located on a busy boulevard with a large road sign. Great visibility from the street. 1,600 square feet with a rent of $2,587 only. Long lease. Equipped with a large walk-in cooler, kitchen with sink, toilets, lots of storage.

Market Competition and Expansion:

Normal. Area is patronized by commercial and residential customers. Heavy vehicular traffic.

Reason for Selling:

Retiring

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:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!