Discount Store - Front of Bus Stop - Est. 30 Yrs+

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$100,000 $360,000

Retail: Consignment, Pawn Shop, Thrift Stores


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RE: Discount Store - Front of Bus Stop - Est. 30 Yrs+ Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $100,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: $88,200
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 2
BBN Listing #: 725955232
Broker Reference #: 5123 WJD

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Business Overview:

Listing # - 5123 WJD

Over 30 years in front of a bus stop in downtown Los Angeles, the discount store is within walking distance from a residential neighborhood.

The store is around 3,000 square feet that have a high ceiling that can display more and set up the office upstairs. It also has a basement that is the same size as the store's underground warehouse.

The store provides a variety of groceries. It also has lotto sales, key duplicate service, and cigarette sales.

The current owner owns for 10 years and the store was established 30 years ago.

It is a turnkey business with an established operation.

New owners can apply for a beer and wine license, parcel pick up/drop off-center, and payment center to generate more sales.

Currently, there are some wholesalers in the area that were asking them if they would like to utilize the store as an e-commerce distribution center since it has enough storage and a convenient location.

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Reason for Selling:

Has Other Business - Doesn't Have Enough Time.

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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