Liquor, 12 Yr Biz, Retire, Korea Town, LA
Not Disclosed, CA Los Angeles County
Request More Information Contact the Seller
- RE: Liquor, 12 Yr Biz, Retire, Korea Town, LA
- Contact: Jonathan Hwang
- License #: 1995716
Quick Facts
| Asking Price: | $269,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $78,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | 2 | |
| BBN Listing #: | 985301 | |
| Broker Reference #: | 5464 JH |
Business Overview:
This well-established liquor store is ideally situated in the vibrant neighborhood of Koreatown. It boasts a loyal customer base from the surrounding community. After 12 years of successful operation and hands-on management alongside dedicated employees, the current owner has decided to retire. This presents a fantastic opportunity for a new owner to take over a thriving business in a bustling area.
Monthly Avg gross: $50,000
Monthly rent: $5,700
Lease terms: 4/ 2@3 years option.
Store size: 1,800 sf.
Open hours: 9am-11pm
Employees: 2pt
Wage: $3,000/mo.
Extra income: $2,000 lottery, $150 atm.
Financing: cash only
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retire. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
