Established Since 1946 Beer & Wine Market
Not Disclosed, CA Los Angeles County
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- RE: Established Since 1946 Beer & Wine Market
- Contact: Javier Ruiz
- License #: 1995716
Quick Facts
| Asking Price: | $160,000 | |
| Annual Revenue: | $348,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $60,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $35,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1946 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 948406 | |
| Broker Reference #: | 5481JR |
Business Overview:
This Beer & Wine market, established for 78 years, is located in a highly densely populated Hispanic community. The current owner has managed the market for the past 3 years. Positioned at a corner location with five off-street parking spaces, it offers convenient in-and-out access.
* Easy to run with no meat or produce
* No competition in the area
* Very clean and well-maintained, showcasing pride of ownership
* 1,000 square feet with low rent and a good lease
* Equipped with a 12-door cooler and EBT capabilities
* A new owner could add services such as Lotto, faxing, copies, money orders, wire transfers, check cashing, and a utility bill payment center.
Monthly Expenses: Rent: $1,500, Electricity: $750, Phone: $43, Insurance: $150, Water: $22, Trash: $89
The market boasts a gross profit margin of 35%, making it a promising investment opportunity.
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Reason for Selling:
Other Busines InterestsAdditional 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:
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