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This absentee operated Long Beach market boasts a built-in client base due to its ideal location within a bustling residential and commercial area. The business, which didn’t skip a beat during the pandemic, caters to its built-in customer’s daily needs.
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We present an exceptional opportunity to acquire an established Convenience Market Store with beer & wine in LA County, with a solid history of over 34 years, for an asset sale price of just $80,000. This is an ideal venture for a first-time buyer or an experienced owner seeking to expand.This convenience store boasts an expansive walk-in cooler and offers the potential for a comprehensive product range. This could include snacks, tobacco products, energy drinks, sandwiches, dairy products, eggs, over-the-counter medications, dry and canned goods, meats, produce, sweets, and other household items.The store recently got a '20 - OFF-SALE BEER AND WINE License', which was withdrawn on 10-18-2022 and subsequently auctioned by the owner. The new buyer may qualify to apply for a Liquor ABC-21 license. The new owner also has the option to explore other possibilities, such as the introduction of hot food, subject to the city's approval. The local community eagerly awaits an experienced operator to serve their needs.Seize this opportunity to become a valued community contributor while owning and operating a lucrative business.
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This well-established smoke shop offers a wide selection of smoking accessories and related products in a professionally designed retail space. The shop has been carefully curated to create an inviting and modern atmosphere, making it highly attractive to both regular customers and new visitors.Currently, the business operates with the help of employees, generating consistent revenue even without full-time owner involvement. However, there is significant potential for increased profitability if the owner takes a more active role in daily operations.Avg Annual Expenses: Cost of Goods Sold (COGS): $233,000 (Approx. 45% of revenue) Rent: $54,000, Utilities: $6,500, Credit Card Processing Fees: $7,000, Insurance: $3,600 Sales & Excise Tax: $55,000With a solid foundation and a steady customer base, this is an excellent opportunity for a hands-on owner looking to maximize profits. Whether you're an experienced entrepreneur in the industry or someone looking to step into a thriving business, this smoke shop offers a well-established operation with room for growth.Listing: 5574 NK
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