Liquor Store, Deli For Sale - Los Angeles, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Los Angeles Dow |
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| County: |
Los Angeles |
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| City: |
Los Angeles |
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| Financial Information |
Detailed Information |
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| Price: |
$775,000 |
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| Down: |
Cash/Loan |
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| Revenue: |
$1,060,000 |
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| Adj. Net: |
$217,653 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Call |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Los Angeles Dow Liquor Store, Deli Business For Sale:
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Back on the market, fell out of escrow (buyer couldn't qualify).
The 25 years family owned and operated liquor store & deli is located in downtown los angeles, ca. It is across the street from the coca-cola manufacturing center and other surrounding manufacturing businesses. There is a well established clientele of 300+ walk-ins per day. There is potential for substantial growth to convert the deli into a mexican fast food to serve clientele. Ample front parking is available. Owner's living quarter is available above garage (single+bath). The surrounding area is currently developing with commercial growth, which has potential to increase the future value of the store. Current hours: 6:30am-6:30pm m-f, 6:30am-4pm sat, closed sun. Upside in revenue with increased hours and open 7 days per week. The current owner is looking to retire. Great location, great parking, great opportunity for growth!!!
Facilities: all furniture, fixtures and equipment are included. The store is approx. 4,000 Sq FT with adequate storage. There is plenty of parking with additional to lease.
Competition: this liquor store has an excellent reputation and very limited competition in the area.
Growth/expansion: possibility of converting deli into mexican fast food and increasing hours, 7 days.
Support/training: the owner will provide the training to the new owner.
Reason selling: retirement.
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Liquor Store, Deli Business For Sale Photos
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