LOS ANGELES, California
| Asking Price |
$229,000 |
Year Established |
1995 |
|
| Annual Revenue |
$480,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Jonathan Hwang |
|
| Annual Cash Flow |
$48,000 |
Listing Number |
996653 |
|
| # of Employees |
1 |
Business Category |
Food & Beverage: Liquor Stores |
|
Business Overview:
This well-established neighborhood market and liquor store has been serving the local community for many years and operates from a 1,000 sq. ft. retail space in a high-traffic area. The business generates approximately $40,000 in gross monthly sales, with a net monthly income of about $4,000. Rent is $3,500 per month, with a favorable lease secured through 2031, plus a 5-year renewal option, providing long-term stability for a new owner.
The store is open daily from 8:00 AM to 11:00 PM and currently operates with one full-time employee, supported by a manageable payroll of approximately $3,000 per month (paid on a cash basis). The business holds an unrestricted ABC license, offering flexibility in product selection, and also features lottery sales averaging approximately $800 per month.
This is an excellent opportunity for an owner-operator or investor seeking a steady, easy-to-manage retail business with growth potential in a densely populated Los Angeles neighborhood.
LISTING: 5630 JH
Property Features and Assets:
Market Competition and Expansion:
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