Mini Mart Convenience Store For Sale - El Monte, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
El Monte |
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| County: |
Los Angeles |
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| City: |
El Monte |
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| Financial Information |
Detailed Information |
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| Price: |
$45,000 |
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| Down: |
$45,000 |
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| Revenue: |
$128,000 |
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| Adj. Net: |
$24,000 |
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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 El Monte Mini Mart Convenience Store Business For Sale:
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Profitable turn-key Los Angeles County Mini Mart Convenience Store business is located on the street corner on a very busy high-traffic street. This is a densely populated area of retail businesses, apartments and single family homes. The store is popular in the local community and offers a variety of convenience store items, some grocery and Hispanic grocery items and cigarettes. EBT is accepted here, but there is currently no beer and wine license. Also, the mart does not sell lottery tickets, but does offer bill paying money orders and money transfers. The on-hand inventory is included in the sale price. The buyer can continue operating the business as is or may want to add beer & wine and lotto tickets, which might quickly bring additional business. Or, a new owner could add ice cream or frozen yogurt to the store. Low rent and low overhead. There is parking in a lot and on the street. This is an ideal business for an owner-operator or as a family run business. SDE/owner cash flow is based on the owner working part-time and operating the business. Owner is selling this business for family reasons. Financial Summary Price: 45,000 Down Payment: 45,000 Sales: 128,000 Cash Flow: 24,000 Inventory: 5,000 - 6,000 Inventory Included: Yes FF&E: 12,000 Monthly Lease: 1,050 Financing: No / Call Year Established: 1996 # Employees: 1 P-T & 1 F-T + owner P-T Facility Size: Approx. 900 SF Training: 2 weeks Reason for Sale: Family Reasons Disclaimer Chase Group Business Brokers, Inc. ('Broker') has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.
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