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/liquor store has been serving its community for years and operates from a1,000 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 2030, offering 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 $3,000 per month (cash basis). It holds an unrestricted ABC license, providing flexibility for product offerings, and also features lottery sales averaging around $800 per month.
This is an excellent opportunity for an owner-operator or investor looking for 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